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Enterprise and Chesapeake Enter into Agreement to Transport Ethane from the Marcellus/Utica Shale to Gulf Coast

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) and Chesapeake Energy Corporation (NYSE: CHK) today announced they have entered into a long-term contract whereby Chesapeake would anchor Enterprise’s proposed long-haul ethane pipeline from the Marcellus and Utica shale regions in Pennsylvania, West Virginia and Ohio to the U.S. Gulf Coast.