Chesapeake to cut back on gas drilling

Chesapeake Energy will cut its drilling for dry gas in half with prices for the fuel at their lowest level in a decade, the company said on Monday, sending its shares up more than 5%.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login