Chesapeake signs McClendon's new company to drill in Utica Shale

04/18/2014 | Bloomberg

Chesapeake Energy signed six-month contracts with a subsidiary of Aubrey McClendon's American Energy Partners to drill in Ohio's Utica Shale formation. The subsidiary, American Energy-Utica, will rent seven rigs from Chesapeake for up to $26,000 per day.

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