As we are talking about Utica with current thread i was reading an article a few months old now early this morning about the Utica and cannot find old presentations i had on who owned what acres in the area to check up on this paragraph: Second part is what caught my eye.
Chesapeake has been striking joint ventures aggressively (as per their 25/25 plan) recovering almost their entire investment for the land grab while holding on to a majority stake on various plays.
Chesapeake has been hinting about a JV this year on an undisclosed play with over 1 million acres. This is expected to be the Utica Shale.
http://seekingalpha.com/instablog/701438-pradeep-kandasamy/148773-extremely-cheap-options-on-utica-shale-with-near-term-catalysts
Anyone remember who else in the area has 1 million plus acres?? Of course the above is probably on hold now considering the bans in place.........
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