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KimFeil

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  • Chesapeake's (CHK +6.4%) Archie Dunham says "the company is not for sale," but getting McClendon out removes a big obstacle in the way of a hostile takeover. CHK would make a juicy target for Asian state-controlled oil firms, Bernstein's Neil Beveridge writes; E&Ps with shale acreage or deepwater discoveries but lacking capital to develop the assets are exactly what they're looking for, given their access to low cost financing. [View news story]
    The Chinese would be the highest payer to buy Chk because they are in this to get experience and don’t care about how low the natural gas prices are right now. I’m sure Arlington TX would welcome the Chinese with open arms and not even think twice about their Gas Drilling loopholed ordinance being so friendly to their pocket books at the expense of our lungs.
    Jan 30 08:07 PM | Likes Like |Link to Comment
  • Chesapeake: Is Management Sending Hints Of A Complete Buyout? [View article]
    Whether Chesapeake is fracking for gas or fracking for oil, you still have an unproven safe unconventional methodology that involves huge water waste and toxic disposal issues that speed up global warming ...fracking is fracking....who would invest in fracking? It is only a matter of time before widespread cement casing failures show themselves...are investors shielded from law suits? R investors shielded from extreme weather?
    Jan 30 02:46 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy (CHK) says Aubrey McClendon will retire as CEO effective April 1. The CHK board says its extensive review of alleged conflicts of interest and other matters involving McClendon has thus far found no improper conduct; a final report will be completed in mid-February. CHK +10.6% AH. [View news story]
    Bye Bye...how many people suffered with rural way drilling in urban drilling areas?...Aubrey has a legacy of his company being a bad player in Arlington TX's air quality.
    Jan 29 08:15 PM | Likes Like |Link to Comment
  • How Did Chesapeake Sell $12 Billion Of Assets And Actually Increase Its Debt? [View article]
    Well that explains why they haven’t any money to drill right in urban areas...they should be quickly taking advantage of using natural gas to power their fracking engines with and they should be considerate of the breathers near the Cowboy Stadium and flowback into urban tanks that are ventless and pressurized. Chk is a bad player in my book. The wave is growing on how many people Chk fracks out of clean air and royalties.
    Jan 29 02:12 PM | 3 Likes Like |Link to Comment
  • Chesapeake Energy (CHK) agrees to let the EPA conduct extensive tests at one of its drilling sites as part of an investigation into fracking safety, and Range Resources (RRC) may be near a similar agreement. The moves suggest companies believe they can pass close inspection by government scientists and hope cooperation will lead to a favorable view of fracking in the EPA study due next year. [View news story]
    Too bad the EPA isn’t babysitting Chk at the Truman padsite in Arlington gasland Texas. They “did” use an electric rig...I’ll give them that, but when it came to fracking, they aren’t using the Best Available emission Control Technologies to use natural gas to power engines during fracking (and only use diesel when those engines are idling). And for the flowback, they refuse to use URBAN flowback tanks that are ventless and pressurized. They still use the old school OPEN HATCH flowback tanks and then hide behind lax regulations to justify not drillng right near densly populated areas. Now they run around with body guards at the city council meetings-last Tuesday they were successful in getting a permit to put 10 more wells within 360 feet of a daycare center. Google “Arlington Frcking Tour of Daycare Centers”.
    Jan 24 02:40 PM | Likes Like |Link to Comment
  • No Bakken, But Everything Else - Chesapeake Energy Is Set Up To Succeed [View article]
    NG leaks from cradle to grave worsen climate change. Texas doesn’t even screen for methane in their standard air tests or their permanent air monitoring stations....its bad players like them that make NG have a bad name. Chesapeake had a chance to flowback 3 wells near the Cowboy Stadium, but refuses to use urban friendly flowback tanks as requested...instead they used rural OPEN HATCH flowback tanks and flowed invisible hydrocarbons ...even the EPA didn't realize their last round of New Source Performance Standards to regulate Green House Gases missed that part in outlawing open hatch flowback tanks. The Gas buster flowback tanks exist that are ventless and pressurized..but Chesapeake is too cheap to drill right in Arlington-hell they admitted they won’t be fracking the 4th well using engines to run on natural gas--they will use diesel....again..... in our highly, densely populated urban area near the stadium....bad players like Chesapeake give a bad name to gas drilling. We wish Exxon would buy them out in Arlington...we fear bad players like them.
    Jan 22 12:34 PM | 4 Likes Like |Link to Comment
  • Update On Natural Gas: The Only Predictable Path Right Now [View article]
    A big thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for wind and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example...some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    If natural gas goes up too high, then they’ll just burn coal-whichever is cheaper.
    Jan 10 10:20 PM | Likes Like |Link to Comment
  • Aubrey McClendon forfeited a few perks, but skeptics see Chesapeake's (CHK) turnaround effort as just playing catch-up; shares have lost nearly 5% since corporate governance moves were announced. The changes were merely “incremental,” Argus analyst Philip Weiss says. "The house is not in order yet... If you don’t have a position [on CHK], don’t take one." [View news story]
    One thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for nuclear, wind, and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example…some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    Texas and New England are about 40% dependant on natural gas at their power plants, so they have more interdependency risk than other states.

    If natural gas ever does go back up high enough…I read that some power plants will just switch back to burning coal-whatever is cheaper (this won’t help Chesapeake)…anybody know anything more about that?
    Jan 10 09:43 PM | Likes Like |Link to Comment
  • Call Me Crazy, But I Think Chesapeake Energy Has Turned Over A New Leaf [View article]
    Another thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for nuclear, wind, and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example...some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    Texas and New England are about 40% dependant on natural gas at their power plants, so they have more interdependency risk than other states.

    If natural gas ever does go back up high enough...I read that some power plants will just switch back to burning coal-whatever is cheaper (this won’t help Chesapeake)...anybody know anything more about that?
    Jan 10 09:00 PM | 2 Likes Like |Link to Comment
  • Chesapeake Energy (CHK) discloses it is substantially reducing executive annual incentive compensation for 2012, during which CEO Aubrey McClendon will receive no bonus. McClendon also will reimburse CHK for his personal use of company aircraft in excess of $250K. [View news story]
    Maybe Aubrey will $pring for pressurized, ventless, “urban" flowback tanks instead of the "rural", cheapie open hatch ones like they use by the Cowboy Stadium drill site.
    Jan 8 12:48 AM | Likes Like |Link to Comment
  • Chesapeake Energy: Another Step In The Right Direction [View article]
    I think the production decline curves (which keeps them on the drilling treadmill just to keep production up) will show its ugly head soon enough. Drilling for oil and getting the byproduct “gas" will not help the pending doom of NG production decline curves bottoming out. In the Barnett Sale, we have 16,000 gas wells...hmmpf...for those in the city, we are starting to have to either refrack or add “electric” lift compressors which could be about 500K each....that will tax the electric grid...we need to decide if we’re gonna keep throwing money at pipeline integrity and pipeline build out and lift compressors, or start getting off of fossil fuels by adding more wind, hydro, solar and thermal....why invest in a dinosaur existence?
    Dec 14 06:34 PM | Likes Like |Link to Comment
  • Carl Icahn ups his stake in Chesapeake Energy (CHK) to 8.89% from 7.56% previously. Shares +2.3% premarket. (13D[View news story]
    whatever it takes to keep Chk solvent...we have 60 padsites mostly of Chesapeake in Arlington TX and we need them to drill right and that is expensive....for one they need to throw out those open hatch flowback tanks and use the gas buster/ventless, pressurized flowback tanks in urban drilling.
    Nov 20 10:17 AM | Likes Like |Link to Comment
  • Sandridge Or Chesapeake, Is Either Management Team Worth Betting On? [View article]
    I need people to invest in Chesapeake cause we need them to stay solvent to be able to afford pressurized, ventless flowback tanks for their flowback operations in urban areas. The Truman/Cowboy Stadium drillsite had 3 wells fracked in August/Sept. and will not flowback until 2013....I hope the well doesn’t sour, and I hope they will not use those cheap open hatch flowback tanks near my family and our Entertainment District in Arlington TX.
    Nov 19 11:57 AM | 1 Like Like |Link to Comment
  • China Vs. U.S.: Who Is Leading The Natural Gas Transportation Race? [View article]
    So if we do get customers to buy our LNG.....consider that the Big Hill salt dome is -20 mi southwest of Port Arthur, Texas (future export Sabine Pass LNG terminal) and before “sinking” a whole lotta $$ into LNG, maybe push the pause button to see how the Bayou Corne sinkhole/salt dome situation plays out. It’s all about the “play” ya know...mother nature acting like shes all played out too.
    Nov 8 11:21 PM | 1 Like Like |Link to Comment
  • Don't Look To Chesapeake Energy For Your Predictions On Natural Gas Prices [View article]
    lets just see how the LA Bayou Corne sink hole “goes” (boom?) and if those Sandy storm New Jersey NG fires get put out and let the dust settle...renewables should be looking better by the day for those trying to survive this planet
    Nov 1 03:21 PM | Likes Like |Link to Comment
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