Australian energy giant BHP Billiton Petroleum, better known for its Gulf of Mexico (GOM) development, chiseled off a piece of Chesapeake Energy Corp.’s huge U.S. portfolio in a $4.75 billion cash deal to acquire almost half a billion acres in the Fayetteville Shale.
Chiseled
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Australia’s BHP Billiton Grabs Fayetteville Leasehold
Australian energy giant BHP Billiton Petroleum, better known for its Gulf of Mexico (GOM) development, chiseled off a piece of Chesapeake Energy Corp.’s huge U.S. portfolio in a $4.75 billion cash deal to acquire almost half a billion acres in the Fayetteville Shale.
February 23, 2011
Futures Trickle Lower; Small Storage Withdrawal Expected
While natural gas futures continue to work lower, the declines are no longer in 50-cent increments. February natural gas chiseled out a new low for the move of $9.130 on Wednesday before settling at $9.238, down 9.8 cents.
January 12, 2006
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