Tag: J. Michael Yeager

• Thursday, February 24th 2011 - 07:03 UTC

  BHP Billiton expands shale gas business and buys fields in Arkansas

  

  Giant Anglo-Australian miner BHP Billiton has agreed to buy shale gas assets from US firm Chesapeake Energy for 4.75 billion US dollars. The purchase of Chesapeake's stake in a field in Fayetteville, Arkansas represents a move into the rapidly expanding shale gas business for BHP.