Chesapeake Energy Corp (CHK)

[ogbull]

stocy101.... I sure do agree with you. Exxon Mobil needs to increase NatGas production because they got nothing big in crude. The big oil companies are going to suffer the next few years because there's no big oil plays for them to jump on due to low prices. NatGas on the other hand would be the perfect play. Chesapeake has a tremendous amount of acreage that could be developed quick if they had the cash. Some major with deep-pockets is gonna make a play for Chesapeake! The only two question in my mind is who and how much?

I'm sure that CHK is not going BK any time soon. They have already bought at least two years and could easily but another 2-3 years as long as NatGas moves up about $2.75 (a shoe-in).

I bet $15 per share would close the deal in the next few months.