$CHK We are fundamentally resetting Chesapeake’s capital structure and business to address our legacy financial weaknesses and capitalize on our substantial operational strengths,” Chief Executive Officer Doug Lawler said in a statement.
@M1c3 well, it makes sense. In other words, what's written is that Chesapeake is about to leave oil business (mainly on Oklahoma&Texas) and concentrate all left finance on gas business (mainly in Pennsylvania). So company definitely will live.