Chesapeake Energy Corporation (NYSE:CHK)

Profile: Chesapeake Energy Corporation

Chesapeake Energy Corporation (NYSE:CHK), engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio; the Anadarko Basin in northwestern Oklahoma; and the stacked pay in the Powder River Basin in Wyoming. The company owns interests in about 22,700 oil and natural gas wells. As of December 31, 2016, it had estimated proved reserves of 1.708 billion barrels of oil equivalent.

Chesapeake Energy Corporation

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Chesapeake Energy Corporation

6100 North Western Avenue Oklahoma City, OK 73118 United States Sector: Basic Materials Industry: Independent Oil & Gas

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