Interesting stuff going on...

 

From the the article...

 

Chesapeake says its next deal will be revealed in the first half of this year and will involve over a million acres. Analysts say that land is in Ohio.

"If you're looking to park a significant amount of money in a domestic resource play outside of making an acquisition, this is pretty much the last one out there," said CLSA analyst Jeb Armstrong.

 

http://rigzone.com/news/article.asp?a_id=104419&hmpn=1

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Very interesting.  What about oil under the Marcellus?  Makes you wonder if all the gas drilling is just the tip of the iceberg so to speak.

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