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Chesapeake Logo
  • commented 1/23/14
  • tags: CHK CVX
  • Chesapeake has appr. 450,000 acres in Stark County North Dakota and surrounding counties that have Billions of Bbls of oil in place that they should monetize ASAP. This leasehold could bring them out of their slump and put them on track to recovery. There are 7-8 major oil and gas proven pay zones under their leasehold position. marathon or Whiting Petroleum should team up and develop this acreage. Statoil and EOG could make a move to purchase too. [ less... ]
    Chesapeake has appr. 450,000 acres in Stark County North Dakota and surrounding counties that have Billions of Bbls of oil in place that they should monetize ASAP. This leasehold could bring them out of their slump and put them on track to recovery. There are 7-8 major oil and gas proven pay zones under their leasehold position. marathon or Whiting Petroleum should team up and develop this acreage. Statoil and EOG could make a move to purchase too.
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