Chaparral, Oklahoma's third-largest oil producer, almost came public through a special-purpose acquisition company merger in late 2009, but shareholders rejected the deal. I'm thinking the company would receive a warm welcome in the current ebullient environment for oil-weighted producers like Concho Resources (NYSE: CXO) and Denbury Resources (NYSE: DNR), but Chesapeake might be able to expedite its divestiture by selling to a private equity player rather than waiting for an IPO in this case.