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Timothy Smith

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Timothy Smith

Re: oxnous post# 876

Monday, 12/02/2013 1:47:13 AM

Monday, December 02, 2013 1:47:13 AM

Post# of 18930
The Utica Shale is leading the way for Chesapeake Energy's (CHK) growth.

In the third quarter of 2013, production in the Utica shale shot up 91% compared to the previous quarter.

With 63 additional wells being connected to pipelines in the third quarter, Chesapeake Energy delivered 165 million cubic feet of natural gas equivalent per day.

The company drilled 377 wells in the play, of which 169 are producing and 208 wells are still in different stages of completion.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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