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Chesapeake Expects Success in Utica Shale

Chesapeake Energy Corp. remains poised to take advantage of the Utica shale once the infrastructure is in place for gas transportation and processing.  Chesapeake currently has 66 wells in production in Ohio, with 183 more awaiting either pipelines or completions.   By year end, the company hopes to be producing 330 million cubic feet of gas per day.  There are currently 14 Chesapeake rigs operating in Ohio.