Total takes over joint acreage in Barnett shale from Chesapeake

Total EandP USA is exercising its preemption right to acquire Chesapeake’s 75% interests in the jointly held Barnett shale operating area in North Texas. Total EandP USA has owned the remaining 25% in the Barnett assets since December 2009. With the preemption, Total EandP USA will be the 100% owner and operator of the assets. More »