Chesapeake Energy (NYSE:CHK) announced that it will sell oil and natural-gas assets for $6.9 billion to narrow a cash-flow shortfall which threatens to put a damper on the company's drilling and production goals. Royal Dutch Shell (NYSE:RDS.A), Chevron (NYSE:CVX) and EnerVest will buy oil and gas fields in the Permian Basin for $3.3 billion, while Global Infrastructure Partners will acquire most of the company's pipeline and processing assets for $2.7 billion. Chesapeake has sold or agreed to sell $11.6 billion of assets this year in order to reach a goal of $13 billion to $14 billion.
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