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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Ed Ajootian who wrote (444)12/5/1998 12:13:00 PM
From: Gabor  Read Replies (1) of 726
 
Ed,
Very good post. Tell you the truth I did not know about this at all.It makes very good sense.As far as the latest discovery goes it is good, but I would have to know something about the production reserves to determine the production longgevity.I do know that they still have a very aggressive drilling program(15)Rigs are drilling 3 well are very deep with high potential.Of course the first deep hole hit already.If the next two will have a significant find than we are getting somewhere.I feel so ignorant not knowing about the preffered profile.I have dug myself a big hole with the common shares.Oh well, the market always teaches you things.
Best Regards
Gabor
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