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Bracewell Represents Chesapeake Energy Corp. in Partnership With KKR

Bracewell & Giuliani LLP is representing Chesapeake Energy Corporation in a collaboration with Kohlberg Kravis Roberts & Co. LP regarding and investment in mineral and royalty interests in U.S. oil and gas basins. Terms of the deal call for Chesapeake, the second-largest U.S. natural gas producer, to contribute about 10 percent of an initial $250 million investment fund and to take responsibility for sourcing, acquiring and managing the investments. The companies will jointly oversee the partnership.