covey park

COVEY PARK ANNOUNCES ACQUISITION OF ADDITIONAL HAYNESVILLE ASSETS FROM CHESAPEAKE ENERGY  FOR $465 MILLION

Dallas, February 15, 2017 – Covey Park Energy LLC  (“Covey Park”), a Dallas, Texas-based independent oil and gas exploration and production company, announced today the closing of the acquisition of additional assets located in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies (“Chesapeake”) for $465 million. Covey Park funded a portion of the Chesapeake acquisition with additional equity investments from its existing investor Denham

CHESAPEAKE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL SECOND HAYNESVILLE SHALE ACREAGE POSITION FOR $465 MILLION

Chesapeake Energy Corporation (NYSE:CHK) today announced that it has signed an agreement to sell a portion of the company’s acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximately $465 million to an affiliate of Covey Park Energy LLC. The sale includes approximately 41,500 net acres and 326 operated and non-operated wells currently producing approximately 50 million cubic feet (mmcf) of gas per day, net

Covey Park Announces Acquisition of Additional Haynesville and Bossier Assets

Affiliates of Covey Park Energy LLC, a Dallas, Texas-based independent oil and gas exploration and production company, (“Covey Park”), announced today the acquisition of additional assets located in the Haynesville/Bossier shale areas of East Texas and North Louisiana. The assets are located primarily in Panola, Nacogdoches and San Augustine counties in Texas, and DeSoto, Bossier, and Sabine Parishes in Louisiana, and consist of approximately 139,000 gross and 90,000 net acres

Covey Park Announces Acquisition of Haynesville and Bossier Assets

Dallas, March 23, 2016 – Covey Park Gas LLC, a subsidiary of Dallas, Texas-based independent oil and gas exploration and production company Covey Park Energy LLC (“Covey Park”), announced it has entered into a Purchase and Sale Agreement with subsidiaries of EP Energy Corporation (“EP Energy”) to purchase all of EP Energy’s assets located in the Haynesville and Bossier shales. The total consideration to be paid is $420,000,000, subject to