Utica Shale

Chesapeake Energy Reports Three Utica Shale Completions

Chesapeake Energy (NYSE:CHK) reported production results of three wells recently completed into the Utica Shale in Ohio.  The company has drilled 134 wells to date in the Utica Shale through the end of the third quarter of 2012 and is operating 13 rigs in the play.

Houyouse 15-13-5 8H – 1,735 barrels of oil equivalent (BOE) per day, composed of 465 barrels of oil, 335 barrels of natural gas liquids and 5.6 million cubic feet of natural gas per day.

White 17-13-5 8H – 1,360 BOE per day, composed of 390 barrels of oil, 285 barrels of natural gas liquids and 4.1 million cubic feet of natural gas per day.

Stuart Henderson 11-12-6 1H – 825 BOE per day, composed of 410 barrels of oil, 100 barrels of natural gas liquids and 1.9 million cubic feet of natural gas per day.

Chesapeake Energy has 1.3 million acres of leasehold prospective for the Utica Shale in Ohio.

List of Utica Shale Well Permits Issued In Ohio

This is a list of Utica Shale wells that have been permitted in Ohio from September 2010 through July 26, 2011. The source for this information is the Ohio Department of Natural Resources and it includes wells targeting either the Utica Shale or the Point Pleasant formation.

Date	County	Operator	Well Name
7/22/2011	Tuscarawas	Chesapeake Energy	Gribi 1-9-1 3H
7/22/2011	Guernsey	Chesapeake Energy	Ringer 25-4-3 3H
7/22/2011	Guernsey	Chesapeake Energy	RHDK Investments 21-4-4 8H
7/22/2011	Jefferson	Chesapeake Energy	Brown 36-11-3 10H
7/15/2011	Columbiana	Chesapeake Energy	Sanor Farms 23-17-5 3H
7/14/2011	Carroll	Chesapeake Energy	Bailey 35-12-4 8H
7/11/2011	Carroll	Chesapeake Energy	White 17-13-5 8H
6/30/2011	Jefferson	Enervest Operating	Kessler Unit 1-H
6/27/2011	Carroll	Chesapeake Energy	Burgett #7-15-6 8H-RS
6/24/2011	Carroll	Chesapeake Energy	Conglio #7-14-4 6H
6/24/2011	Portage	Chesapeake Energy	Hosey POR #6H
6/20/2011	Columbiana	Chesapeake Energy	Hoppel #35 7-1 8H
6/17/2011	Jefferson	CNX Gas Co LLC	Friendship Park #2AHSU
6/8/2011	Carroll	Chesapeake Energy	West 4-15-5 3H
6/2/2011	Stark	Enervest Operating	Frank Unit #2K-H
6/1/2011	Carroll	Chesapeake Energy	Shaw 20-14-5H
5/4/2011	Mahoning	Ohio Buckeye Energy	Geatches MAH #3H
5/3/2011	Carroll	Chesapeake Energy	Burgett #7-15-6 8H
3/28/2011	Carroll	Chesapeake Energy	Neider #3H
3/28/2011	Carroll	Chesapeake Energy	Harvey #8H
3/9/2011	Carroll	Chesapeake Energy	Bucey #3H
1/31/2011	Carroll	Chesapeake Energy	Manhun #8H
12/23/2010	Harrison	Ohio Buckeye Energy	North American Coal  Buell #8H
9/28/2010	Jefferson	Marquette Exploration	North American Coal #3H-3