Chesapeake swears off big spending, shares jump
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Chesapeake swears off big spending, shares jump

Chesapeake : VA : USA | Aug 07, 2012 at 9:31 AM PDT
Source: Turks and Caicos Free Press
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Chesapeake Energy Corp said on Tuesday it plans to stop spending heavily on oil and gas properties next year in a strategic shift from land acquisition to resource development, helping to boost the U.S. company's shares by over 10 percent. Chief Executive Aubrey McClendon has spent heavily to amass... FULL ARTICLE AT Turks and Caicos Free Press
 
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