Chesapeake Energy provides its quarterly operational update:
Company Expects Production Growth of Approximately 13% in 2010 and 18% in 2011, Including Liquids Production Growth of Approximately 60% in 2010 and 80% in 2011
Proved Reserves Reach 15.5 Tcfe; Company Reports 2010 First Half Drilling and Completion Costs of $0.87 per Mcfe
2011 Drilling and Completion Capital Expenditures Projected to Remain Flat Compared to 2010 Drilling and Completion Capital Expenditures; 2011 Drilling and Completion Capital Expenditures Reduced by $400 Million on Natural Gas Plays and Increased by $400 Million on Liquids-Rich Plays Compared to 2010
Company Expects to Increase Liquids Production to Approximately 200,000 Bbls per Day, or Approximately 25% of Total Production and Approximately 40% of Production Revenue, by Year-End 2015 through Organic Growth
Eagle Ford Shale Joint Venture Discussions Continue; Transaction Announcement Anticipated in the 2010 Third Quarter
Press Release: Chesapeake Production Up by 14% ? chk.com
Source: http://feedproxy.google.com/~r/MineralWeb/~3/fWQJIVyO2ag/
lola vamos rum julio cesar chavez jr smith and wesson hanna amazing grace
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.