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Chesapeake Energy files for spinoff oilfield services business

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[March 18, 2014]  (Reuters)  Chesapeake Energy Corp <CHK.N> said it filed with U.S. financial regulators for a possible spinoff of its oilfield services business.

Chesapeake said it has retained Morgan Stanley & Co. LLC to evaluate strategic options for the business, Chesapeake Oilfield Operating LLC.

(Reporting by Sayantani Ghosh in Bangalore; editing by Savio D'Souza)

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