Williams and Chesapeake Energy Execute Expansion of Gas Gathering Services and Acreage Dedication in the Dry Utica, Consolidate Haynesville Gas Gathering Agreements

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE:WMB) today announced an expansion of gas gathering services for Chesapeake Energy (NYSE:CHK) in growing dry gas production areas of the Utica Shale in eastern Ohio and a consolidation of contracts in the Haynesville Shale in northwestern Louisiana to optimize production opportunities, streamline fee structures and restructure commitments to incentivize long-term development of the fields. The agreements with Chesapeake were entered into by subsidiaries of Williams Partners L.P. (NYSE:WPZ), of which Williams own 60 percent, including the general partner interest.