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Energy
Southwestern Energy Co. of Houston announced Tuesday that it would sell its remaining assets in central Arkansas' Fayetteville Shale to Flywheel Energy LLC of Oklahoma City for $1,9 billion in cash.
As part of the deal, expected to close in December, Flywheel will take on about $438 million in future contractual liabilities. The move comes as publicly traded Southwestern moves its focus to higher-margin assets...