Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Chesapeake Energy Corporation    CHK

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

CHESP ENEGY : Chesapeake Energy Corporation Provides Full Disclosure of Chemicals Used in the Hydraulic Fracture Well Completion Process Through a National Publicly Accessible Registry

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/11/2011 | 07:05pm CET

Chesapeake Energy Corporation (NYSE:CHK), one of the first energy companies to call for disclosure of additives used in the hydraulic fracturing process, announced today that it is actively participating in a national publicly accessible web-based registry developed by the Ground Water Protection Council (GWPC) and the Interstate Oil and Gas Compact Commission (IOGCC), with support of the U.S. Department of Energy (DOE), to report the additives used in the process on a well-by-well basis. To date, a total of 24 companies have registered as participants and 11 of those companies, including Chesapeake, have begun using this website to provide detailed information about the additives in their hydraulic fracturing operations.

Chesapeake began loading well completion data onto the registry on February 15, 2011, for wells where completion reports have been filed with the appropriate state agencies. To date, information has been uploaded to the registry covering 94 wells in Arkansas, Louisiana, Oklahoma, Pennsylvania, Texas and Wyoming. The website, which also includes information about how hydraulic fracturing works, information about the chemicals used and how fresh ground water is protected, may be used by the public and the website address is www.fracfocus.org/.

Aubrey K. McClendon, Chesapeake's CEO, commented, "Providing further information about our drilling, completing and producing operations in today's environment is more critical than ever, and we believe this new public registry provides an immediate, workable and accurate way to present information about the additives of our hydraulic fracturing operations to all of our stakeholders. We applaud the leadership of the GWPC, IOGCC and DOE and our colleagues in the industry who have joined us in this initiative. We encourage every other producer and their respective service company partners to enthusiastically embrace this approach."

Chesapeake Energy Corporation is the second-largest producer of natural gas and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Barnett, Haynesville, Marcellus and Bossier natural gas shale plays and in the Eagle Ford, Granite Wash, Cleveland, Tonkawa, Mississippian, Wolfcamp, Bone Spring, Avalon, Niobrara and Williston Basin unconventional liquids plays. The company has also vertically integrated its operations and owns substantial midstream, compression, drilling and oilfield service assets. Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information and presentations and all recent press releases.

Chesapeake Energy Corporation
Investor Contacts:
Jeffrey L. Mobley, CFA, 405-767-4763
[email protected]
or
John J. Kilgallon, 405-935-4441
[email protected]
or
Media Contact:
Jim Gipson, 405-935-1310
[email protected]


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHESAPEAKE ENERGY CORPORAT
11/20 CHESAPEAKE ENERGY CORPORATION : Today’s Research Reports on Trending Tickers: Ch..
11/16 CHESAPEAKE ENERGY CORPORATION (NYSE : CHK) Files An 8-K Regulation FD Disclosure
11/16 CHESAPEAKE ENERGY CORP : Regulation FD Disclosure (form 8-K)
11/14 CHESAPEAKE ENERGY : STEM QUEST Slated for Girls in Grades 6-12
11/13 CHESAPEAKE ENERGY CORP : Regulation FD Disclosure (form 8-K)
11/07 CHESAPEAKE ENERGY CORPORATION : Reports 2017 Third Quarter Financial And Operati..
11/06 CHESAPEAKE ENERGY : DOJ completes royalties probe, takes no action against Chesa..
11/03 CHESAPEAKE ENERGY CORPORATION : Today's Research Reports on Trending Tickers: Ch..
11/03 CHESAPEAKE ENERGY : testing new Utica Shale strategy
11/02 CHESAPEAKE ENERGY : posts $41 million loss in third quarter
More news
News from SeekingAlpha
11/20 Chesapeake Energy Corporation 2017 Q3 - Results - Earnings Call Slides
11/20 HUSKY ENERGY : Hitting The Growth Pedal
11/19 Tracking David Tepper's Appaloosa Management Portfolio - Q3 2017 Update
11/16 Chesapeake Energy's (CHK) Presents at Bank of America Merrill Lynch 2017 Glob..
11/13 Pressure Builds - State Of Crude Q3 2017
Financials ($)
Sales 2017 9 235 M
EBIT 2017 1 099 M
Net income 2017 721 M
Debt 2017 10 432 M
Yield 2017 -
P/E ratio 2017 5,04
P/E ratio 2018 5,39
EV / Sales 2017 1,51x
EV / Sales 2018 1,53x
Capitalization 3 517 M
Chart CHESAPEAKE ENERGY CORPORAT
Duration : Period :
Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
Technical analysis trends CHESAPEAKE ENERGY CORPORAT
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 4,60 $
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Jason M. Pigott Executive VP-Operations & Technical Services
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
CHESAPEAKE ENERGY CORPORATION-42.74%3 517
CNOOC LTD9.43%60 291
CONOCOPHILLIPS-0.02%59 871
EOG RESOURCES INC0.53%58 655
OCCIDENTAL PETROLEUM CORPORATION-3.97%51 891
CANADIAN NATURAL RESOURCES LIMITED1.33%41 348