Gary Welch
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Gary Welch's Blog

Chesapeake expanding 640 acre tracts.

Posted on April 2, 2010 at 8:21am 2 Comments

I am having a hard time understanding how chesapeake expanding units from 640 acres to 800 plus acres would help me. We were originally with Anadarko lease which specified 640 acre units. Chesapeake bought out lease and are asking to modify to 800+ acres for $10. Chesapeake claims royalties would be greater. Thanks.

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