Chesapeake merger with Southwestern, with HQ in Oklahoma City, will 'redefine' natural gas sector
The new company will remain in Oklahoma City, which had been in question, but also will keep Southwestern's headquarters in Spring, Texas, north of Houston, and create its global marketing and trading presence in Houston. Chesapeake Energy Corp. and Southwestern Energy Co. are set to merge, creating a $24 billion enterprise that will "redefine" the natural gas sector. The merger aims to create the first U.S. based independent that can compete on an international scale. The company's HQ will be in Oklahoma City.
Published : 4 months ago by The Oklahoman, Jack Money, richard mize, Richard Mize, jack money, the oklahoman in Business Environment
OKLAHOMA CITY - Not just a major merger, not just a rebranding — OKC's Chesapeake Energy Corp. and Texas-based Southwestern Energy Co. together will create a $24 billion enterprise that "redefines the natural gas producer, forming the first U.S. based independent that can truly compete on an international scale."
Topics: ESG