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crudeoil24

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crudeoil24

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Friday, 07/27/2018 8:23:34 AM

Friday, July 27, 2018 8:23:34 AM

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Up 14% > "Doug Lawler, Chesapeake's President and Chief Executive Officer, commented, "Today's announcement makes Chesapeake a stronger and more competitive company. By divesting our position in the Utica and using the proceeds for debt reduction, we will not only significantly improve the health of our balance sheet, but we will also accelerate progress toward our strategic goals of reducing our debt, improving our margins and reaching sustainable free cash flow neutrality."

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