Chesapeake’s Born Again Zeal for Utica Dry Gas Drilling
Sounding positively ebullient, Chesapeake Energy has let it be known that they are going after dry gas areas in the Utica Shale. Chessy has been testing--and they like what they see from methane-only areas where they happen to own hundreds of thousands of acres of leases in Ohio.
Is it fake enthusiasm because they mostly missed the wet gas area of the play when they leased and they want to psyche out investors? You decide. Appears to us like they are genuinely enthusiastic about dry gas drilling in the Utica. Who knew?...
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