Chesapeake Granite Wash Trust, a Chesapeake Energy (CHK -2%) spinoff claiming royalty interests...

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

Chesapeake Granite Wash Trust, a Chesapeake Energy (CHK -2%) spinoff claiming royalty interests on nearly 200 oil wells, has set a price range of $19-$21/share for its upcoming IPO, under the ticker CHKR. At the midpoint of this range, the offering will raise $458M. (S-1)