Chesapeake Energy earnings

Chesapeake Energy Plans To Increase Drilling In Utica

Chesapeake Energy Corporation (NYSE:CHK) provided some insight into its plans for exploiting its massive bet on the Utica Shale formations underground in eastern Ohio, described by its CEO, Aubrey McClendon, as the "the biggest thing to hit Ohio since the plow."

According to the company, it will aggressively develop its properties in that region, given that it produces oil and natural gas liquids, and not simply gas.

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0