Another Answer To The “Pipeline Cnstrained Northeast”
FROM Argus Media: Chesapeake Energy’s $2.2bn bid for Vine Energy is the latest bet by large US natural gas producers on the future of the US Gulf coast market, signaling a shift away from the pipeline-constrained northeast.
Chesapeake’s planned acquisition of Vine will nearly triple the company’s output from the Haynesville shale, a prolific gas-bearing formation underlying east Texas and northern Louisiana. The combined company will….(STORY HERE)