Chesapeake Cash Crunch to Widen Without Oilfield Sales

Chesapeake Cash Crunch to Widen Without Oilfield Sales

Daniel Acker/Bloomberg

Chesapeake is selling oil-and gas-rich rock formations as major international explorers including Chevron Corp. and Exxon Mobil Corp. have amassed drilling rights in onshore U.S. prospects they previously ignored as marginal.