Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
This article is for subscribers only.
1. Chesapeake Energy will sell assets including portions of oil and natural gas fields in Texas and New Mexico for $6.9 billion.
2. In a deal doubling its crude production, Houston-based Plains Exploration & Production will acquire BP’s and Royal Dutch Shell’s stakes in a group of Gulf of Mexico oil fields for $6.1 billion.