Chesapeake Energy Corp (CHK)

[Horus2]

Agreed. With Cheniere Energy (LNG) coming online in next 2 years, CHK is a good place to be.

Charif Souki, CEO of LNG, had a (failing) business model of IMPORTING NG to the US. Realizing he was about to have more NG than the market could handle Aubrey McClendon called Charif and suggested that instead of import... He export natural gas. That's when LNG's business model changed.

I wonder how much CHK natural gas will be liquified and shipped out? I know they are heating up in the Haynesville Shale in Louisiana. It's a natural gas play with most infrastructure in place. CHK is going back to 1 hole pads and drilling 4-6 more wells... Will be interesting.