Thread regarding Chesapeake Energy Corp. layoffs

PRB Problems

Is drilling going to just flush money down their holes and hardly produce anything? Why has that asset got so much capital allocation? They only thing they produce is excuses.

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Post ID: @OP+11WQ5Zsk

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They’re hedged at $100/bbl in Wyoming, so it’s all good.

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Post ID: @2hrg+11WQ5Zsk

Why has production slowed? I thought this was where CHK was excited to extract a ton of oil. The ER said they are now drilling other formations and the first Niobrara flowed 100,000 bbls already.

What else is going on?

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Post ID: @zrd+11WQ5Zsk

Start by getting rid of JO and RL in drlg optimization. Both are condescending pricks who have NO people skills. Complete waste of stockholder $$$

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Post ID: @kwm+11WQ5Zsk

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