The new presentation from Chesapeake has interesting information on the natural gas station project, with map.
http://www.chk.com/Investors/Pages/Presentations.aspx
pages 11-17
Then page 18 on gas to liquid.
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The ratio of LNG semis to volts probably shows more big rigs than coal cars.
Some data points from the presentation that caught my eye:
- CHK's position in oil and natural gas plays around the country; among the top 10 in the Bakken
- Targeting liquids, but still a natural gas company
- Slide 10 is CHK's response to why they remain a natural gas company
- Natural gas (liquid natural gas -- LNG) highway system: first 90 stations creates interstate coverage coast-to-coast and border-to-border -- the map on slide 15 is awesome; I-94 across North Dakota is part of the LNG highway
- I love slide 20, a map of CHK's operating areas, and this comment: low risk asset base -- not exposed to economic, geopolitical or technological risks internationally or in the Gulf of Mexico (yes, Virginia, the permitorium is still in effect)
- I also like slide 26, the in-house services/companies owned by CHK: including NOMAC drilling (in North Dakota); FracTech; OilField Trucking Solutions; and several others
- Nomac and Bronco rigs
"Majority of US natural gas producers will have completed their transition from running "gas factories" making $4/unit widgets to "liquid factories" making $10 - 17/unit widgets."It's a nice presentation to run through even if you are not invested in CHK, just to see where the US is headed with regard to energy.
I like your thinking
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