Oklahoma's Chesapeake Energy gobbled up more acreage in the Haynesville Shale recently. International Paper agreed to sell sub-surface mineral rights on 13,000 acres for $263 million. For you home-gamers keeping score, that's an average of $20,230 per acre.
Source: Chesapeake Energy buys more acreage in Haynesville
Saturday, August 2, 2008
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