More on the Chesapeake (CHK) sales: The Permian Basin assets alone fetched $3.3B - "a little...

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

More on the Chesapeake (CHK) sales: The Permian Basin assets alone fetched $3.3B - "a little light," says Hedgeye's Kevin Kaiser, as most were looking for $4-6B. He also notes the company was unable to sell its undeveloped Midland Basin acreage and will need to hang onto it. The shares continue higher, +2.7% premarket.