Thu, 21 Jun 2012 07:57:17 CDT
The Chinese firm Sinopec, which worked this year with Devon Energy Corp. on a $2.5 billion project to identify emerging U.S. resource plays, now appears to be interested in Chesapeake Energy Corp. According to a Financial Times report that appears in the Oklahoman, the company is considering buying some of Chesapeake's assets, as Chesapeake tries to raise up to $11.5 billion this year in the face of a cash shortfall.
Read full article at: bizjournals.com