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Post by cher on Mar 16, 2015 8:22:47 GMT -7
haynesville.com/news/id/102500/chesapeake-and-gasfrac"The well, located in Tuscarawas County, is in early stages of testing, stated Chesapeake. Chris Doyle, executive vice president of operations for Chesapeake’s northern division, explained how the company wants to test “the waters” so to speak, and see if waterless fracking can benefit their operations: ❝ One of our partners (EV Energy Partners) attempted to use the technology … We’re using that technology and we want to test that out and see if it could drive additional value. Doyle reiterated that the well is still in its very early stages and that it is unclear as of yet if waterless fracking is something Chesapeake would use in the future. However, this opportunity is a huge positive for the future of waterless fracking and for Chesapeake, whose technology is considered the best chance yet to solve the issue surrounding fracking." I would think Chesapeake must know how the Ev well did as they were partnered in it? ?? Your thoughts anyone?
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Post by zukicow67 on Mar 16, 2015 9:40:46 GMT -7
I agree cher! This just sounds like the usual "double-talk", pretty hard to believe that one hand doesn't know what the other hand is doing. Hyping the interest for once the deal goes through. This is probably the best technology I've seen (been in the frac business about 30 years) just a little dismayed about the lack of integrity shown throughout this. Question for anyone: are "they" (gasfrac) not required to provide 2014 Q4 and 2015 Q1 results information to the shareholders? Or does the CCAA and Chapter 15 negate this requirement?
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