UPDATE 1-Chesapeake cuts annual capex by 57 pct, plans more asset sales

[ahlam1399]

UPDATE 1-Chesapeake cuts annual capex by 57 pct, plans more asset sales

UPDATE 1-Chesapeake cuts annual capex by 57 pct, plans more asset sales
Feb 24 (Reuters) - U.S. natural gas producer Chesapeake Energy Corp more than halved its annual capital budget and said it would sell more assets this year.

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