Wednesday, April 18, 2012

More Chesapeake Deals Coming?

Well, that's a dumb headline.  Of course there will be more "monetization transactions" coming from Dealin' Aubrey and his team of whiz kids from Oklahoma. Let's play the game of "Clue" with possible Chesapeake deals.  I guess India Oil, Ltd. in the Mississippi Lime with a joint venture.

At least that's what The Hindu suggests, reporting that a delegation from Oil India, Ltd. is in the states for a meeting with CEO McClendon regarding a possible deal for Chesapeake Energy's Mississippi Lime assets. This comes on the heels of Monday's announcement of the IPO of Chesapeake's oilfield services company and the announcement last week of three separate monetization deals worth $2.6 billion.

No grass grows under the feet of the good folks at Chesapeake as they raise cash at the bottom (hopefully) of the natural gas price cycle.

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