BHP in $4.7bn US shale gas assets deal

BHP Billiton has moved to bulk up its energy holdings, entering the US shale market with a deal to buy Chesapeake Energy’s Arkansas-based gas business for $4.75bn http://link.ft.com/r/CTBPCC/26PSTZ/M9QF42/0GF9WY/JIVCAZ/T3/h?a1=2011&a2=2&a3=21