Chevron's (CVX +0.2%) part in of Chesapeake’s (CHK +0.1%) $6.9B land sale in the Permian Basin...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron's (CVX +0.2%) part in of Chesapeake’s (CHK +0.1%) $6.9B land sale in the Permian Basin isn’t a surprise to Tudor Pickering considering the oil giant’s presence there already, but it’s "somewhat surprising" Shell (RDS.A -0.2%) is involved, as it has "not much, if any, Permian exposure currently."