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Chesapeake Recommits to Natural Gas as Portfolio, Production Set to Balloon

Chesapeake Recommits to Natural Gas as Portfolio, Production Set to Balloon

Chesapeake Energy Corp. on Wednesday strengthened its commitment to boost natural gas output, announcing an acquisition to bolt on acreage in the Haynesville Shale and laying out early plans to focus heavily on the play and other gas-rich assets in the Appalachian Basin next year. The company’s plan to acquire Vine Energy Inc. for $2.2…

August 11, 2021