(Reuters) - Chesapeake Energy Corp
The sale is part of Chesapeake's plans to sell up to $7 billion in assets to raise cash.
The company's asset sales signed or closed year-to-date stand at about $3.6 billion, Chesapeake Chief Executive Doug Lawler said in a statement on Wednesday.
Chesapeake has long-term debt of $13.4 billion and faces a $3.5 billion funding gap this year.
The 55,000 acres of Eagle Ford assets in Texas produced about 6,100 barrels of oil equivalent per day (boe) in May.
Net daily output from properties to be sold in the Haynesville shale - which spans Texas, Arkansas and Louisiana - was 114 million cubic feet of natural gas equivalent in May.
(Reporting By Garima Goel in Bangalore; Editing by Maju Samuel)