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Shell Represented by Bracewell in $1.9 Billion Purchase of Chesapeake’s Permian Basin Assets

September 18, 2012

HOUSTON — Bracewell & Giuliani LLP is representing SWEPI LP, a subsidiary of Royal Dutch Shell, in its agreement to purchase Chesapeake Energy Corporation’s assets in the southern Delaware Basin portion of the Permian Basin. Shell has agreed to pay Chesapeake $1.9 billion for 618,000 net acres in the Permian Basin that produce approximately 26,000 barrels of oil equivalent per day.

Bracewell attorneys working on the matter include:

Partner: J.J. McAnelly

Associates: David H. Sweeney, Austin T. Lee and Molly E. Tucker