Chesapeake Energy Completes Acquisition of Vine Energy Inc.

November 1, 2021

Chesapeake Energy Corporation completed its previously announced acquisition of Vine Energy Inc., with Vine stockholders receiving 0.2486 shares of Chesapeake common stock plus $1.20 in cash per Vine share. The deal strengthens Chesapeake's position in the Haynesville Shale by adding more than 900 drilling locations and is expected to improve free cash flow and accelerate returns to Chesapeake shareholders.

Buyers
Chesapeake Energy Corporation
Targets
Vine Energy Inc.
Sellers
Vine stockholders
Industry
Energy
Location
Texas, United States
Transaction Type
Buyout

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