Investors Favor Mining Giant BHP Billiton's Move into Fayetteville Shale

by Lance Turner  on Tuesday, Feb. 22, 2011 3:48 pm  

Chesapeake Energy Corp. has been the Fayetteville Shale Play's second-largest operator. On Tuesday, it said it was selling that No. 2 position to a No. 1 operator -- BHP Billiton Limited -- that's looking to get even bigger.

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