# Chesapeake problems

**URL:** https://www.mineralrightsforum.com/t/chesapeake-problems/21272
**Category:** La Salle County, TX
**Created:** [May 29, 2012, 10:55pm UTC](https://www.mineralrightsforum.com/t/chesapeake-problems/21272 "2012-05-29T22:55:43Z")
**Posts on this page:** 4
**Page:** 1

<div class="post-metadata">

### Author: ![Todd\_Keuper](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/todd_keuper/32/3485_2.png) [@Todd\_Keuper](https://www.mineralrightsforum.com/u/Todd_Keuper)
#### Post date: [May 29, 2012, 10:55pm UTC](https://www.mineralrightsforum.com/t/chesapeake-problems/21272/1 "2012-05-29T22:55:43Z")

</div>

Has anyone heard that Chesapeake is having $$$$$ problem? A guy from Hess oil told me that Chesapeake is in trouble and is selling off 30%. He said they would probably make it but were in some big trouble due to some of their billion and a half dollar liabilities.

---

<div class="post-metadata">

### Author: ![r\_w\_kennedy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/3ec8ea/32.png) [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [May 30, 2012, 5:37am UTC](https://www.mineralrightsforum.com/t/chesapeake-problems/21272/2 "2012-05-30T05:37:10Z")

</div>

Chesapeake’s problems are common knowledge. CHK recently got a loan so they have time to liquidate some of their holdings without having to accept fire sale prices. CHK is a large company and would still be large if it were 1/4 the size it is, I don’t think it’s going away and hopefully they will get a handle on some of the management issues that have plagued it for some time.

---

<div class="post-metadata">

### Author: ![mike\_ryan](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/mike_ryan/32/3805_2.png) [@mike\_ryan](https://www.mineralrightsforum.com/u/mike_ryan)
#### Post date: [May 31, 2012, 5:01pm UTC](https://www.mineralrightsforum.com/t/chesapeake-problems/21272/3 "2012-05-31T17:01:28Z")

</div>

Their problems are due to the low price of natural gas. They are the #2 producer of natural gas behind ExxonMobil.

This will not cause problems with the liquid-rich Eagle Ford play. They are putting 90% of their working capital into a move towards oil production.

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 3:42am UTC](https://www.mineralrightsforum.com/t/chesapeake-problems/21272/4 "2018-08-15T03:42:44Z")

</div>