CEO Aubrey McClendon says Chesapeake (CHK) expects to announce an asset sale and/or a JV for its...

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

CEO Aubrey McClendon says Chesapeake (CHK) expects to announce an asset sale and/or a JV for its Mississippi Lime acreage as part of $11.7B in sales completed or announced by the end of Q3. McClendon also expects to announce a sale of "the vast majority" of its assets in the west Texas Permian Basin. CHK +0.5% premarket.