Jackie Stewart - Director External Affairs, Encino Energy
Encino Acquisition Partners (aka Encino Energy) bought all of Chesapeake Energy’s Ohio assets for $2 billion in 2018 (see Stop Press: Chesapeake Sells ALL of its Ohio Utica Assets for $2B). The deal included all of Chessy’s 933,000 Ohio acres (with 320,000 net Utica acres) and 920 operated and non-operated Ohio Utica wells. The pure-play company continues to actively drill in the Ohio Utica and has become the fourth largest private producer of natural gas and oil in the U.S. (largest oil producer in Ohio). In 2021 Encino hit a milestone--drilling and bringing online its 100th well. What's ahead in 2022?
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