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To: Bearcatbob who wrote (156448)9/4/2011 6:45:53 PM
From: farmerboy  Read Replies (1) | Respond to of 206104
 
>>>CHK Advertising

What did the ad promote?



To: Bearcatbob who wrote (156448)9/4/2011 7:01:35 PM
From: t4texas  Read Replies (1) | Respond to of 206104
 
bearcatbob, i have the same question farmerboy asked about chk's radio ads during the ohio state football game. i know from the last chk conf call that chk has by now moved about four rigs out of the haynesville play up to the utica play. chk is not going to do anymore drilling in the haynesville until ng prices adjust upward. as i recall from that call chk will have moved about another 12 rigs from somewhere to the utica by the end of 2011. so chk is going from just a couple of rigs to about 12 or 16 rigs in the utica by year end 2011. thus i assume chk is looking for several hundred people. as i understand it shale drilling takes about 50 people per rig. i assume chk has its own critical needs people for each drilling rig already employed at chk. the rest of the hires, i assume, are being sought in the ohio area.

with that "preface" what kind of jobs did the radio commercial for chk indicate were open?



To: Bearcatbob who wrote (156448)9/7/2011 1:32:43 PM
From: Dennis Roth  Read Replies (3) | Respond to of 206104
 
Hess and CONSOL Energy Enter into Joint Venture in Utica Shale in Ohio
businesswire.com

NEW YORK--( BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today it has entered into an agreement with CONSOL Energy Inc. to acquire a 50 percent interest in CONSOL’s nearly 200,000 acres in the Utica Shale in eastern Ohio for aggregate payments of $593 million...

...Hess will pay CONSOL $59 million at closing, which is expected in October, and $534 million in the form of a 50 percent drilling carry of certain CONSOL working interest obligations over a five year period. The joint exploration and development plan calls for Hess to operate approximately 80,000 acres in Jefferson, Harrison, Guernsey and Belmont counties while CONSOL will operate approximately 120,000 acres elsewhere in eastern Ohio, including Portage, Tuscarawas, Mahoning and Noble counties. Appraisal drilling is expected to commence in the fourth quarter...

--

PDC Energy Enters the Utica Shale Play in Southeastern Ohio With Lease Acquisitions of Up to 30,000 Net Acres

globenewswire.com

DENVER, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Petroleum Development Corporation (dba PDC Energy) ("PDC" or the "Company") (Nasdaq: PETD) today announced the Company has executed agreements with multiple parties to acquire acreage targeting the wet gas (liquid rich) and oil phases of the Utica Shale play in multiple counties throughout southeastern Ohio...
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FWIW