GS Loan Partners provides financing for Argonaut purchase of Chesapeake assets

By Sara Rosenberg

New York, Jan. 5 - GS Loan Partners provided the financing for Argonaut Private Equity's acquisition of certain producing assets in the Anadarko and Arkoma Basins from Chesapeake Energy Corp., according to a news release.

The assets include proved reserves of about 98 bcfe and current net production of about 60 mmcfe per day for proceeds of $412 million, or $4.20 per mcfe.

The transaction closed on Dec. 31.

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