Chesapeake Energy's (CHK) Presents at Bank of America Merrill Lynch 2017 Global Energy Conference (Transcript)

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Chesapeake Energy Corp. (NASDAQ:CHK) Bank of America Merrill Lynch 2017 Global Energy Conference November 16, 2017 2:50 PM ET


Jason Pigott - EVP of Operations and Technical


Unidentified Company Representative

Up next, we are very fortunate to have Jason Pigott, Executive VP of Operations and Technical from Chesapeake Energy. We will start with the presentation and then we’ll open up for Q&A.

Jason, with that out of the way, I’ll leave it to you.

Jason Pigott

All right, sounds great. Thank you for having us today. Again, we’re really excited to tell you about the Chesapeake story. We are doing something a little bit different than we’ve done traditionally at these conferences. I’ve got with my team some of the guys from the big data team that can also -- because that’s been a big focus for us as a company.

Now, before I get going, I just need to kind of go over our mandatory disclosure statement that we’ve got some forward-looking statements that we will be discussing today. But then, we’ll go in quickly over the priorities of the Company. These are things that haven’t changed for us, again, what Chesapeake has been focused since I came on board and Doug as well with financial discipline, business development, growing efficiently from our assets as well as exploration.

As we look to our priorities for 2018, we’ve highlighted some of these before and they still remain front and center for us and that is getting to cash flow neutrality. And we’ve been hampered a little bit by $50 oil instead of $60 oil, but still a top priority for us. We also want to retain some posture for growth. We’ve got great assets. Our productivity is increasing just every single day, which I’ll highlight to you today. And then, front and foremost is this focus on getting the $2

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