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Chesapeake Energy Slated to Start Drilling in the Utica Shale in Columbiana County, OH this Fall

Last week, Chesapeake Energy announced (via it’s quarterly earnings statement) a major revelation—that it has struck oil as well as natural gas liquids and natural gas, in the Utica Shale of eastern Ohio. Columbiana County, OH is in the hot zone and stands to reap millions in revenue.

In the run-up to the announcement, Chesapeake has been busy signing deals with landowners in Columbiana County, including leases with local municipalities and school districts:

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Chesapeake Files Application to Drill First Well in Columbiana County (Ohio) Targeting the Utica Shale

The first application for a drilling permit has been received in Columbiana County, Ohio, and it’s an application to drill in the Utica Shale with the hope of someday striking oil. This is likely the first of many applications to come, according to Ohio officials.

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