Not heard on Chesapeake's (CHK -0.9%) conference call: Aubrey McClendon. In another sign of...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor
Not heard on Chesapeake's (CHK -0.9%) conference call: Aubrey McClendon. In another sign of change, CHK said it has hedged 50% of its projected 2013 natural gas production; a year ago, it hadn’t hedged any of its gas for 2012, and was clobbered as prices tanked. CFO Dominic Dell'Osso reiterated CHK's commitment to pay down debt, but still with $12B in long-term liabilities, Credit Suisse fears CHK may be backing away from its earlier $9.5B debt reduction target.