Chesapeake Secures Transportation for Fayetteville Shale Production

Chesapeake Energy Marketing signs 10-year contract to transport 375 million cubic feet per day of natural gas and an option to transport another 125 mmcf a day on the Fayetteville Express Pipeline.
The planned pipeline project is expected to be ready by early 2011.
Financial details were not disclosed.
The 42-inch, 187-mile pipeline system is planned to haul natural gas from Chesapeake’s rapidly growing Fayetteville Shale play in Arkansas. It will originate in Conway County, Ark., continue eastward through White County and terminate at an interconnect with Trunkline Gas Co. in Quitman County, Miss. The system will connect to Chesapeake’s natural gas gathering system in the Fayetteville Shale and will include multiple receipt and delivery points.

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