Chesapeake Energy has put a half million acres in Wyoming and Colorado up for sale.


The money-strapped company has said it may sell assets worth $11.5 billion this year.


The Wyoming-Colorado deal includes acreage in the DJ Basin plus 29 wells that the company operates and its interests in 24 non-operated wells, Reuters reported.


Some of the assets are located in the Niobrare shale. Chesapeake CEO Aubrey McClendon in February characterized the Niobrara shale as disappointing.


Click  here  to read the Reuters story.