Chesapeake Energy reported financial and operational results for the 2013 second quarter.
Key information related to the quarter is as follows:
Doug Lawler, Chesapeake’s Chief Executive Officer , said:
“ Chesapeake reported a strong quarter operationally and financially. I am very excited and energized by what I have seen during my first six weeks with the company.
Chesapeake has an exceptionally broad and deep asset base, which offers tremendous opportunity for value creation.
A comprehensive companywide review of our capital allocation and other processes is underway and I believe these initiatives will result in substantial further improvement in both near-term and long-term capital efficiency and returns .”
[mappress]
LNG World News Staff, August 16, 2013