Chesapeake Energy Corp. — whose logo is a blue gas flame — is continuing the stampede to oil and liquids-rich gas plays along with other U.S. independent producers (see related story), reallocating $700 million of spending from gas to oil over this year and next and pulling some rigs from shale plays (see NGI, Feb. 22).
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Chesapeake’s McClendon: No Love in the Gas Patch
Chesapeake Energy Corp. — whose logo is a blue gas flame — is continuing the stampede to oil and liquids-rich gas plays along with other U.S. independent producers (see related story), reallocating $700 million of spending from gas to oil over this year and next and pulling some rigs from shale plays (see Daily GPI, Feb. 19).
May 6, 2010
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