Chesapeake’s (CHK -5.6%) 1.5M acres in the Permian Basin may be worth $6.82B, $1.8B more than...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

Chesapeake’s (CHK -5.6%) 1.5M acres in the Permian Basin may be worth $6.82B, $1.8B more than expected, based on the price Concho Resources agreed to pay this week for oil fields in the same area. Anadarko (APC) CEO Al Walker says he'll take a look at CHK’s Permian assets; Occidental Petroleum (OXY) had a bid for CHK assets rejected, Forbes reported.