Chesapeake Energy: $3.3 Billion Spent in Ohio, and Not Done Yet
From the Cleveland Plain Dealer:
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This month marks Chesapeake's well-drilling second anniversary in the Buckeye State.
So far, Chesapeake:
•Has drilled 134 wells with 65 others drilled but not completed. The company now has 13 drilling rigs in the state and the rights to 1.3 million acres.
•Has spent $3.3 billion by Sept. 30, which included $2.2 billion in lease payments to landowners.
•Has paid contractors more than $58 million on road improvement projects.
•Now employs 550 Ohio residents, up from 40 in January 2011, annually paying them a total of $32 million.
Read the entire article here.•Has donated nearly $1 million to charitable groups for Ohio projects.
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