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Chesapeake Energy Biggest Stock Holder Trims Position

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NGP who became the biggest single stock holder in Chesapeake after the acquisition of Wildhorse Resources trimmed that position in the company by selling 5.9 million of shares for $19.5 million, at a average price of $3.29.  Even with the sale, NGP continues to hold 311 million shares of Chesapeake's stock which amounts to roughly 19.5% of the company's shares.

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