Chesapeake Energy (CHK +3.8%) reportedly is selling more than 28K net acres in the Granite Wash...

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

Chesapeake Energy (CHK +3.8%) reportedly is selling more than 28K net acres in the Granite Wash and Hogshooter Wash areas in western Oklahoma, an oil-and-gas play it recently called a "significant boost" to its long-term strategy. CEO Aubrey McClendon had called Hogshooter "one of the best oil wells drilled onshore in the Lower 48 in the past several decades."