Reminder: CHK Earnings Conference Call Tuesday (May 3) Morning

I've been following the Chesapeake story with lots of interest.

CHK released its 1Q11 earnings report today. Tomorrow, 9:00 a.m. the conference call.

Since 2000, Chesapeake has built the largest combined inventories of onshore leasehold (14.3 million net acres) and 3-D seismic (28.3 million acres) in the U.S. The company has accumulated the largest inventory of U.S. natural gas shale play leasehold (2.5 million net acres) and now owns a leading position in 12 of the Top 13 unconventional liquids-rich plays in the U.S. – the Granite Wash, Cleveland, Tonkawa and Mississippian plays of the Anadarko Basin; the Avalon, Bone Spring, Wolfcamp and Wolfberry plays of the Permian Basin; the Eagle Ford Shale of South Texas; the Niobrara Shale in the Powder River and DJ basins; the Three Forks/Bakken in the Williston Basin; and the Utica Shale of the Appalachian Basin.

Interesting. 

From a comment, cut and paste:

Anonymous said...

CHK call is Tuesday. Monday CHK update says "Three Forks/Bakken" and suggests that it is significant, even for CHK. A rig in May may be mentioned Tuesday. But, TF/B may not be the whole story. CHK also says "Utica" and expands on Mississippian play. JV's planned. Big ones. New words and/or numbers. Many moving parts.

CHK says it will release specifics regarding a new million-acre play by the end of 2H11. Nothing to suggest that information will be forthcoming tomorrow but it's possible.