Mississippian Lime

Chaparral Raising Two Rigs in Midcontinent by Year's End

Midcontinent pure-play Chaparral Energy Inc. had dropped all but one of its 10 rigs by early April, delayed completing wells and worked with vendors to reduce costs, a plan that is bearing fruit as it plans to add one rig within the next few days and third by the end of the year to enable it to hit production targets, the CEO said Monday. Read More