Wednesday, August 10, 2016

UPDATE 1-Chesapeake to sell Barnett land, renegotiate Williams contract

Aug 10 (Reuters) - Chesapeake Energy Corp said on

Wednesday that it would sell its Barnett shale acreage in Texas

to private equity-backed Saddle Barnett Resources LLC and had

renegotiated an expensive pipeline contract with Williams

Partners LP, steps that should save more than $1.9

billion in future liabilities.

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