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Chesapeake continues activity with Statoil deal

Posted on 11/11/08 at 4:08 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/11/08 at 4:08 pm
LINK

Just because I know there's a lot of interest in CHK around her.
Posted by ElmGrove
Member since Jul 2008
55 posts
Posted on 11/11/08 at 10:01 pm to
k.:

thanks

i find it interesting that CHK continues to sell off leases in much higher percentages in other s plays than in the Hay s

cash short in sum but their future profit margins appear to be higher & of higher potential in NW La -- so they're holding on to the easiest deals, to the highest of future profit returns, i.e., in the bayou s
This post was edited on 11/11/08 at 10:02 pm
Posted by The Yetty
Member since Feb 2005
12542 posts
Posted on 11/12/08 at 2:35 pm to
This is great news. If people can hang in there on the gas business, then the prospects are going to be fairly bright, especially with the tough political environment surrounding coal. BTW, I work for Chesapeake in Fort Worth and this just ensured a merry Christmas for a lot of folks in terms of job security.
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