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Chesapeake Energy to Sell a Pipeline Unit for $865 Million
Chesapeake Energy, the second-largest producer of natural gas in North Texas’ Barnett Shale, has plans of selling off one of its pipeline units, Appalachia Midstream Services, L.L.C., to Chesapeake Midstream Partners LP. Chesapeake Midstream Partners LP is the entirely owned Chesapeake Midstream Development, L.P. subsidiary of that holds its Marcellus Shale midstream assets.
