LNG

Dec 7 (LNG) - Chesapeake Energy Corp. said it had agreed to sell some of its acreage and producing properties in the Haynesville shale of northern Louisiana for $450 million. Chesapeake said the buyer was a private company and the assets comprise around 72,800 net acres, 40,000 net acres of which the company considers as core acreage and about 250 producing wells with current output of 30 million cubic feet of gas per day, net to the company. The Oklahoma City-based Chesapeake expects the transaction to close in the first quarter of 2017.