Earlier this year some big names like Chesapeake Energy, Devon Energy and EnerVest put their Utica shale assets up for sale, saying they were not meeting expectations, but this isn’t the whole story—it’s tinged with enough success to tip the scales. For Chesapeake, the story is clear. The company is coming off a crippling asset binge and now seeking to purge. But Chesapeake is still there, and says it’s “satisfied” with the way things are going. “We’ve got a lot of wells that we’re getting ready…
via OilPrice.com Daily News Update http://oilprice.com/Energy/Natural-Gas/Pessimism-and-Optimism-over-Utica-Shale.html
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Prometheus Institute 