Chesapeake Energy Corp (CHK)

[DocLevi]

A couple of years ago they tried refocusing on oil since they were so heavy in NG and NG was down and oil was flying high... so that had to lead to a lot of oil wells. But you're right about the NG part should be good to back over $3 as many expect.... but could be much bigger as many were converting from heating oil to NG residential and power companies converted coal to NG.... it could go up big if pipelines can't keep up with demand again. There is plenty of gas in the ground, just getting it to demand area is the trick (err, trick? Yeah, Enron tricked in false supply problem so hearsay says....)