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Timothy Smith

12/02/13 1:48 AM

#880 RE: PennyMaker #877

The Utica Shale play's potential has remained underappreciated, however the upcoming infrastructure is proving a boon, unlocking the play's true value.

Chesapeake is positioned to benefit significantly from this region with the most extensive operations there. While the Utica shale has just started showing its worth for Chesapeake, late 2013 and 2014 could see the company registering robust growth from the region.

The Kensington plant and ATEX will be the key to Chesapeake's growth, as they provide the supply infrastructure for the company.

The changing public view of fracking activities also helps Chesapeake's cause, and the company continues to work on improving the process. This serves the twin purpose of environmental protection and cost savings for the company.