International Paper completes sale of mineral rights to Chesapeake Energy Corporation for approximately $263 million
International Paper announced today that it has completed the sale of approximately 13,000 net acres of subsurface mineral rights located in the Haynesville Shale natural gas formation in northwest Louisiana to Chesapeake Energy Corporation for approximately $263 million.
Devon Energy Corp. said Monday that it agreed to sell its Gulf of Mexico shelf assets for $1.05 billion, or near $840 million after tax, to Apache Corporation.