|
|
Article: Chesapeake Energy Corporation Confirms Decision Not to Drill for Natural Gas in the New York City Watershed.
- Article from:
- Business Wire
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
OKLAHOMA CITY -- Chesapeake Energy Corporation (NYSE:CHK), America's most active driller of new natural gas wells and one of its largest natural gas producers, today confirmed its previous announcements that it has no intention of drilling natural gas wells within the New York City watershed.
Aubrey K. McClendon, Chesapeake's Chief Executive Officer, commented, "Chesapeake prides itself on using environmentally friendly technologies for developing and producing natural gas - a reliable, affordable, American energy source that is critical to our nation's clean energy future. However, it has become increasingly clear to us over the past few months that the concern ...