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CHK: Utica Is Worth $13K-17K Per Acre

Company works to move beyond financial troubles

June 2, 2012
By CASEY JUNKINS Staff Writer , The Intelligencer / Wheeling News-Register

WHEELING - Chesapeake Energy believes every acre of its oil and liquids-rich Utica Shale play is worth $13,000 to $17,000, amounts that are significantly greater than most drillers are paying mineral owners to lease local land.

 
 
 

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