Chesapeake Puts 94K "Oily" Utica Shale Acres Up for Auction

As this issue goes to press, the Wall Street Journal and Fox Business is reporting that Chesapeake Energy has put 94,205 Utica Shale acres on the auction block. That's nearly 10% of their remaining 1 million Utica Shale acres. This is not unprecedented. Last June Chesapeake put 337,000 acres on the auction block (see Chesapeake Selling 337K Utica Shale Acres, Counties IDed). Although the company has not yet made a public statement about this sale, MDN went fishing and found the listing from the real estate site where it's listed. We've embedded it below (shows a map of the acreage).

Here's what we notice about the listing, including which counties are involved...

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