SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Gold/Mining/Energy : Chesapeake Energy CHK
CHK 1.585-10.5%2:55 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw8/2/2011 10:52:38 AM
   of 725
 
Chesapeake Energy CEO Aubrey McClendon on Monday commented on a new, oil-rich discovery in the Utica shale of eastern Ohio, which is just west of the Marcellus shale in western Pennsylvania.The Utica could be a "transformative" find for the country, McClendon said. He expects that up to 25,000 wells could be drilled in the Utica over the next several decades, which is a $200 billion investment. It could produce 25 billion barrels of oil equivalent in the form of oil, natural gas liquids and natural gas in what he described as possibly "one of our biggest discoveries in U.S. history."
cnbc.com|headline|quote|text|&par=yahoo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext