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Ohio Utica Shale

Paper: Chesapeake may have to sell Ohio assets

By Bob Downing Published: June 4, 2012

Financially strapped Chesapeake Energy Corp. could be forced to sell of lucrative assets in Ohio and south Texas, according to the Wall Street Journal.

At the beginning of the year, the Oklahoma-based company said it wanted to sell up to $14 billion in assets.

That means the company must sell of $7 billion beforfe the end of the year and $2 billion next year, the paper reported last week,

Analyst Biju Perincheril said it is likely that Chesapeake will be forced to sell off its prized assets in Ohio or south Texas.

Those fields are likely to produce lucrative oila and so-called wet gases inclkuding ethane, propane and butane.



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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

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Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

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