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  • AintRaight
    , contributor
    Comments (17) | Send Message
     
    Well, CHK isn't really all about shale. It's the tech savvy to get it (of course, but everyone doesn't have it), natural gas and they have that 25/25 plan this year to increase production to gradually equal 25% of liquids (oil and nat gas) of the plays. That is a big benefit of the Utica find, it isn't all shale.
    31 Aug 2011, 08:09 AM Reply Like
  • EnvestorFirst
    , contributor
    Comments (32) | Send Message
     
    Author’s reply » Good point. CHK is all about the technology. I'll be sure to clarify next time, however did you check out the entire article at the link? I think it clarifies, but I could be wrong.
    31 Aug 2011, 11:06 AM Reply Like
  • AintRaight
    , contributor
    Comments (17) | Send Message
     
    well I say that, because not this article but another I read about it- I think it was a analysis of the company said that out of the 170 or so wells they own, there are also about 100 that they operate that aren't theirs. Not just one buy a few who already own the shale plays have to go to someone who knows or has the tech to get oil out of it. It gets technical, more than I want to know really, but the impression I got was that they had the knowhow to not only make their plays profitable, but others as well.
    31 Aug 2011, 07:05 PM Reply Like
  • EnvestorFirst
    , contributor
    Comments (32) | Send Message
     
    Author’s reply » I think you've gotten the right impression.
    1 Sep 2011, 11:12 AM Reply Like
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