BHP Moves into US Shale Gas with $4.75bn Deal
Telegraph UK reports that BHP Billiton (NYSE:BHP) has purchased the Arkansas shale gas operations of Chesapeake Energy (NYSE:CHK) for $4.75bn in cash.
Telegraph UK reports that BHP Billiton (NYSE:BHP) has purchased the Arkansas shale gas operations of Chesapeake Energy (NYSE:CHK) for $4.75bn in cash.
By Duncan Sutherland- Exclusive to Gas Investing News Contracts for August delivery of natural gas slid before the weekend as Tropical Storm Dolly appeared to be dissipating. However, the storm intensified into a hurricane early in the week, spurring precautionary shutdowns of some oil and gas infrastructure in the Gulf of Mexico. Reuters is reporting [...]
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