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Chesapeake reaps $3.4 billion with Utica Shale transactions

Stock drops on spending, debt worries

November 5, 2011
Tribune Chronicle (news@tribtoday.com) , Tribune Chronicle | TribToday.com

Chesapeake Energy Corp., which has been offering some area landowners about $2,500 or more an acre for natural gas and oil drilling leases, announced a deal Thursday to sell part of the land for $15,000 an acre.

 
 
 

 

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