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Analyst: Market Expected Chesapeake, Sinopec JV
March 4, 2013
Last week’s announced joint venture between Chesapeake Energy Corp. (NYSE: CHK) and Sinopec International Petroleum Exploration and Production Corp. to develop 850,000 gross acres in the Mississippi Lime play comes as no surprise to market observers, a market analyst report states.
A report from Raymond James & Associates Inc. states that the negotiations over the deal ...
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