The Marcellus Continues to be Star Performer for Chesapeake

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Different media outlets have analyzed the comments made last Thursday by Chesapeake Energy officials, looking for Chessy's "take" on their particular region. A newspaper in West Virginia published the report below that looks at Chessy's update on the Marcellus Shale in the southwestern corner of the play--otherwise known as the "wet gas" area. Bottom line: Although everyone continues to focus on the Chesapeake's love affair with the Utica Shale, the Marcellus Shale is the play actually contributing to the company's bottom line--in a big way. The Marcellus is helping turn around the good ship Chesapeake. Of particular interest to MDN in this brief article is a short paragraph that mentions the signing bonus/royalty deals landowners in the Upper Ohio Valley have recently landed with Chesapeake and other drillers--some of the highest bonus and lease terms we've seen to date in the Marcellus...

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