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NEWS ARCHIVE

Ex-Chesapeake exec backs $100M Lonestar deal

EAGLE Ford Shale player Lonestar Resources has entered a joint development agreement with a fund established formed by former Chesapeake Energy chief financial officer Marc Rowland to help the junior drill additional wells within its Texas leases.

Haydn Black
Ex-Chesapeake exec backs $100M Lonestar deal

The agreement allows IOG Capital to participate as a non-operating working interest owner, offering up to $100 million towards the drilling and completion of wells that meet a collective return criteria...

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