Chesapeake Lifts Production Outlook For 2009, 2010
October 14 2009 - 8:55AM
Dow Jones News
Chesapeake Energy Corp. (CHK) said in a filing late Tuesday it
expects 2009 natural gas production of 815-825 billion cubic feet,
ahead of its Aug. 3 forecast of 805-815 billion cubic feet.
The Oklahoma City energy giant now expects 2010 production of
882-902 billion cubic feet, ahead of its earlier view for
production of 865-885 cubic feet.
Shares of Chesapeake Energy rose 1.8% to $29.99 in pre-market
trades on Wednesday.
-Steve Gelsi, 415-439-6400; AskNewswires@dowjones.com