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   Gold/Mining/EnergyChesapeake Energy CHK


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From: Sam Citron12/16/2008 2:36:04 PM
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NYC: Gas Drilling Will Raise the Cost of Water by 30 Percent
by Abrahm Lustgarten, ProPublica - December 16, 2008 12:21 pm EST
Tags: Drilling, Natural Gas, New York, New York City

Using some of the strongest language yet regarding the impacts that natural gas drilling in New York state could have on New York City's drinking water supply, the city's chief accountant warned state officials that drilling could have "crippling implications" for the city's water system.

City Comptroller William Thompson wrote State Department of Environmental Conservation officials Monday following a city council hearing about the threats upstate drilling might pose for the city. Thompson warned that drilling near the Catskill reservoirs that provide some nine million people with drinking water could degrade the water quality enough to force the city to build a new $10 billion water treatment plant. New York City is currently one of just four cities in the U.S. that the EPA allows to provide residents water without any filtration. If that permit is revoked, New York would have to borrow the money for the plant and, Thompson warned, city residents would pay a 30 percent water increase just to cover the interest payments.

Thompson's letter, and the City Council's hearings, follow a series of stories by ProPublica that detail a pattern of water contamination from gas drilling in seven states. We have also raised questions about New York state's regulatory preparedness for gas drilling. After those stories were published, New York began a fresh environmental review and has held a series of public hearings across the state.

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From: JakeStraw12/14/2009 9:40:02 AM
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With XOM's purchase of XTO; I wonder if CHK could be acquired by a major like Shell, or Chevron...

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To: JakeStraw who wrote (701)12/14/2009 12:17:24 PM
From: scots40
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As a test to my memory, this company is largely controlled by one family and they do some strange things. Some time ago, (1 year ago or so) one of the higher ups had a margin call or something to that effect. They were forced to sell a lot of stock at a low price which really hurt the price. This was when the energy stocks were collapsing after $100+ oil spike.

I often wonder what a successfull person with all this money in one company/industry was thinking.

I still own a little of this stock but will consider Devon or Apache if I want to add to this sector.

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From: JakeStraw1/4/2010 9:13:07 AM
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Total commits $2.25 billion to help develop Chesapeake Energy's gas shale assets in Texas
finance.yahoo.com

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From: KEN G2/23/2010 4:13:13 PM
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Chesapeake Energy Barclays Raises price target to $37 from $34; rating overweight

Captain KennyG

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To: Brumar89 who wrote (696)11/17/2010 9:37:46 PM
From: i-node
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Brumar

This post seems like an understatement now, 2.5 yrs later.

They have so damned much gas they are almost giving it away.

It is insane to me that auto mfrs are not building CNG cars in lieu of this tinkering with not-ready-for-prime-time electrics.

If GWB was such a petroleum hustler I don't know why he wasn't pushing this agenda.

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To: i-node who wrote (705)11/17/2010 10:45:36 PM
From: Brumar89
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Yes, the Barnett shale was just the first successful shale gas field to be tapped.

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From: JakeStraw12/2/2010 9:09:57 AM
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Chesapeake Energy Creating a Top 10 Gas Producer Every Year
seekingalpha.com

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From: JakeStraw7/18/2011 8:56:47 AM
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Chesapeake Energy: Ripe for the Picking?
July 17, 2011
seekingalpha.com

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To: JakeStraw who wrote (708)7/20/2011 8:23:37 PM
From: Green Receipt
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i'm actually looking forward to the chkr ipo... the trust if it ever gets through the ipo will end in 2031 if i remember the details correctly and has a bunch of fine print...

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