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Vol. 13, No. 36 Week of September 07, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


BP America buys 25% Chesapeake stake

British oil company BP PLC said Sept. 2 that its U.S. unit plans to buy a 25 percent stake in Chesapeake Energy Corp.’s Fayetteville Shale assets in Arkansas for US$1.9 billion. BP said that a letter of intent has been signed for the deal, which comes just a month after BP America bought Chesapeake’....


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