---
schema_version: "secwatch.filing_event.v1"
accession: "0000895126-23-000008"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T14:23:53.581143+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Chesapeake sells Eagle Ford Brazos Valley region to WildFire Energy for $1.425 billion

## Summary
- Sale includes ~377,000 net acres, ~1,350 wells; avg net daily prod ~27,700 boe/d (85% liquid) in Q3 2022.
- Consideration: $1.2B cash at close plus $225M in annual installments ($60M/yr for 3 yrs, $45M in yr 4).
- Proceeds to repay revolving credit facility and fund share repurchase program; close expected Q1 2023.
- CEO states exit from Eagle Ford continues; company focuses on Marcellus and Haynesville positions.

## SEC filing metadata
- accession: 0000895126-23-000008
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895126/000089512623000008/0000895126-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000089512623000008/chk-20230117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895126-23-000008
- JSON: https://secwatch.observer/filing/0000895126-23-000008.json
- Plain text: https://secwatch.observer/filing/0000895126-23-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.