Chesapeake Energy

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	Chesapeake's CEO is Aubrey McClendon.		Chesapeake's CEO is Aubrey McClendon.
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		+	Scott Rotruck is Vice President of Corporate Development and spokesman on Marcellus shale drilling.

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Revision as of 02:18, 24 January 2009

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Chesapeake Energy Co (CHK.N) is the number one driller of natural gas in the U.S. It's headquarters is in Oklahoma City, OK.

Chesapeake has 1.8 million acres under lease in the Marcellus shale. Much of its activity in this formation is conducted through its subsidiary, Chesapeake Appalachia LLC.

Chesapeake's Appalachian headquarters is located in Charleston, West Virginia.

The company had leased a combined 4,522 acres as of July 30, 2008 in Sullivan County, New York where there is a reservoir for New York City drinking water.

A September, 2008 report indicated drilling in the Elmira, N.Y area.

An October, 2008 report noted a great deal of leasing activity by Chesapeake Appalachia LLC in Bradford County, Pennsylvania. According to the County Registrar of Deeds 2,018 gas leases were signed with Chesapeake and recorded in 2008.

In November, 2008 Statoil-Hydro oil for $3.4 billion bought about a one-third share in Chesapeake's Marcellus leasehold.

In January, 2009 the company was found taking out a drilling permit for a well in Oregon Township near Fox Hill Road situated in Wayne County, Pennsylvania.

Chesapeake's CEO is Aubrey McClendon.

Scott Rotruck is Vice President of Corporate Development and spokesman on Marcellus shale drilling.