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Feb 15, 2012

Chesapeake announces its financial plan for 2012
 

Chesapeake released details Monday of its future funding plans, which are designed to account for capital expenditures in 2012 and provide additional liquidity for 2013, according to a press release from the company. The company said that its midstream and service company assets, coupled with anticipated joint ventures in the Mississippi Lime and the possible sale of its Permian Basin assets, should bring in roughly $10-12 billion in 2012, which should allow the company to "achieve its previously announced debt reduction goals," the release said. For more read the full announcement here.
 
Posted by M. Warnock  in  Ohio  

 

 

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