Monday, November 17, 2014 2:16:45 PM
CHKR 9.64 (nypch) Target 10.71 YLD 23.30% EPS .58
Chesapeake Granite Wash Trust owns royalty interests in oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The company has royalty interests in 69 horizontal producing wells and 118 horizontal development wells, and in approximately 28,700 net acres of area. As of December 31, 2013, its reserve estimates for the royalty interests included 12,640 thousand barrels of oil equivalent (boe) of proved developed reserves and 5,862 thousand boe of proved undeveloped reserves. The company was founded in 2011 and is based in Austin, Texas.
Chesapeake Granite Wash Trust owns royalty interests in oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The company has royalty interests in 69 horizontal producing wells and 118 horizontal development wells, and in approximately 28,700 net acres of area. As of December 31, 2013, its reserve estimates for the royalty interests included 12,640 thousand barrels of oil equivalent (boe) of proved developed reserves and 5,862 thousand boe of proved undeveloped reserves. The company was founded in 2011 and is based in Austin, Texas.
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