Chesapeake Energy has put up 503,863 Net Acres of land for sale in the DJ basin. The acreage for sale traverses much of the Rocky Mountain Front Range from Platte and Goshen Counties, Wyoming on the north end to Douglas and Elbert Counties in Colorado on the south end of the basin.
The available acreage has primary targets in the Niobrara formation with secondary targets in the Codell Fm., Greenhorn/Graneros Fm., Dakota Fm. D and J Sands.
The acreage is being sold by Meagher Energy Advisors. The bid date for the acreage is June 28th, 2012 with a closing date of August 15th, 2012.
The acreage also includes twenty-six operated producing Niobrara horizontal wells, one producing Codell horizontal well, one producing Greenhorn well and one producing vertical J Sand well. Chesapeake also has interest in twenty-four non-operated wells (15 producing).