Chesapeake Energy to reduce drilling this year due to lower natural gas prices

Chesapeake Energy to reduce drilling this year due to lower natural gas prices

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U.S. natural gas producer Chesapeake Energy CHK-Q on Wednesday said it would pull back on drilling and completing wells this year as natural gas prices fell to a quarter of what they were last summer. Henry Hub natural gas futures were trading around $2.087 per mmBTU on Wednesday morning and are…

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