Chesapeake Anticipates US$800M Swing in 2011 from Gas CapEx to Liquids CapEx

摘要

Aubrey McClendon, chairman and chief executive officer of Chesapeake Energy Corp., said that until natural gas prices increase over US$6 per thousand cubic feet, that the company will reduce its capital spending on gas drilling and increase its CapEx for liquids drilling in unconventional plays.