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Expand Energy Corporation is a natural gas exploration and production company headquartered in Oklahoma City. It was previously known as Chesapeake Energy Corporation. In 2023, the company produced 3,470 MMcf of natural gas per day. [1] As of December 31, 2023, the company had 9,688 Bcf of proved reserves. [1]
In 2004, it and acquired Nuevo Energy for $945 million. These acquisitions gave the company petroleum-producing assets in the Southwestern United States and California. [5] In 2007, the company acquired Pogo Producing for $3.6 billion in cash and stock. [6] [7] In 2008, the company formed a joint venture with Chesapeake Energy in the ...
In 2020, Chesapeake Energy Corporation filed for bankruptcy, and as part of its restructuring plan, it decided to sell some of its assets to pay off its debts. One of the assets that Chesapeake sold was its South Mansfield Haynesville shale acreage, comprising 50,000 net mineral acres, which it sold to Williams Companies, Inc in December 2020. [7]
Oklahoma City-based Chesapeake Energy announced Thursday it will merge with Houston's Southwestern Energy Company.. The $7.4 billion transaction will create the largest natural gas producer in the ...
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Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. ... based in Houston, declined more than 3% ...
Southwestern Energy Company was a natural gas exploration and production company organized in Delaware and headquartered in Spring, Texas. [1] In October 2024, the company merged into Expand Energy. The company's primary exploration and production activities were in the Appalachian Basin in Pennsylvania and West Virginia, as well as the ...
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