CHESAPEAKE ENERGY OUTLINES FOURTH-QUARTER OIL PRODUCTION GAIN AND COST DECLINE

By Jack MoneyBusiness [email protected]Energy/' title='Chesapeake Energy News'>Chesapeake Energy Corp. officials said Wednesday the company nudged oil production higher and held costs in check during the final quarter of the year. In an update issued before markets opened, Chesapeake estimated its oil production during the period climbed to between 125,000 and 126,000 barrels per day. That marked a 6% increase, year over year, and officials attributed much of the increase to...

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