Williams Announces Global Resolution with Chesapeake
November 22, 2020
TULSA, Okla.--(BUSINESS WIRE)--Nov 23, 2020--
Williams (NYSE: WMB) today announced that it has reached a global resolution with Chesapeake as part of Chesapeake's Chapter 11 bankruptcy restructuring process.
"Williams has strategically invested in large-scale and essential infrastructure necessary to gather and treat the natural gas that Chesapeake and its joint interest owners produce in the Eagle Ford, Haynesville, and Marcellus," said Alan Armstrong, Williams president and CEO. "Our gathering systems are necessary to realize the full potential of these high value reserves, and we are ple...