Chesapeake Energy (CHK) Reports Selected Preliminary Q4 Results

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Chesapeake Energy Corporation Reports Selected Preliminary 2018 Fourth Quarter Results And Operational Update

January 9, 2019 7:00 AM EST

OKLAHOMA CITY, Jan. 9, 2019 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today reported selected financial and operational results for the 2018 fourth quarter. Highlights include:

Estimated average 2018 fourth quarter production range of approximately 462,000 to 464,000 barrels of oil equivalent (boe) per day Estimated average 2018 fourth quarter oil production range of approximately 86,000 to 87,000 barrels (bbls) of oil per day; divested Utica oil volumes have been completely replaced by oil volume growth in the Powder River Basin and Eagle Ford Shale in the two months following the sale... More