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Chesapeake Energy Corporation Announces to Build $900 Million Integrated Pipeline Sevice Complex

Market Watch -- Chesapeake Energy Corporation /quotes/zigman/126832/quotes/nls/chk CHK -0.16% today announced the execution of definitive agreements to build the largest integrated midstream service complex in eastern Ohio. Chesapeake, through affiliates of its wholly owned subsidiary, Chesapeake Midstream Development, L.P. (CMD), has entered into a partnership with M3 Midstream LLC (Momentum) and EV Energy Partners, L.P. /quotes/zigman/101536/quotes/nls/evep EVEP +1.92% to develop the midstream services complex. The complex will provide necessary infrastructure to process natural gas and natural gas liquids (NGL) in the liquids-rich Utica Shale play in eastern Ohio.

The complex will consist of natural gas gathering and compression facilities constructed and operated by CMD, as well as processing, NGL


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Submitted Mar 14, 2012 By: drpepperTX
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REPLIES (newest first) Post a Reply
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drpepperTX
Champion Author Texas

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Message Posted: Mar 18, 2012 7:57:03 AM

True Honda0105, it is very difficult to estimate the skyrocketing cost associated with government regulations and environmental red tape.
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 18, 2012 6:39:09 AM

time will tell what it will cost.
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N5EXY
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Message Posted: Mar 16, 2012 5:40:39 AM

235 days until the ejection.
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sparky808
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Message Posted: Mar 15, 2012 11:35:01 AM

Thank you for posting.
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ExplorerWA
Champion Author Washington

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Message Posted: Mar 14, 2012 11:08:50 PM

It will be interesting to see how this develops.
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kc5jsu
Rookie Author Texas

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Message Posted: Mar 14, 2012 10:57:34 PM

The changeover will cost an arm and a leg I bet.. It would be something else for the government to pay for using tax dollars..
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us4usa
Champion Author Missouri

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Message Posted: Mar 14, 2012 10:12:30 PM

Time to start switching the big trucks over to NG...
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TheSicilian
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Message Posted: Mar 14, 2012 10:08:37 PM

will this help
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regout
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Message Posted: Mar 14, 2012 10:03:36 PM

Oh yes......
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mgune9
All-Star Author Dallas

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Message Posted: Mar 14, 2012 10:02:32 PM

lets get the use of natural gas into maore markets
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g747
Champion Author Mobile

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Message Posted: Mar 14, 2012 9:57:15 PM

I hope it'll bring down some commodities prices soon !!!!.
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goodbuy
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Message Posted: Mar 14, 2012 9:53:42 PM

Hope they do not use taxpayer monies.
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eswi
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Message Posted: Mar 14, 2012 9:53:24 PM

OK
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bif65
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Message Posted: Mar 14, 2012 9:53:05 PM

ok
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RAKARWOWSKI
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Message Posted: Mar 14, 2012 9:51:08 PM

OK.
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Benz98
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Message Posted: Mar 14, 2012 9:50:25 PM

Good news
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minnesotagirl
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Message Posted: Mar 14, 2012 9:37:12 PM

At least there will be some jobs created, most likely
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skybiker
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Message Posted: Mar 14, 2012 9:36:51 PM

At least there is some good news....
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mstearno
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Message Posted: Mar 14, 2012 9:33:25 PM

good for them
and good for jobs
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defiancegasman
Champion Author Ohio

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Message Posted: Mar 14, 2012 9:33:13 PM

Is it really needed or is it just to RAISE THE PRICE!!!
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nwsynthetics
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Message Posted: Mar 14, 2012 9:31:05 PM

900 million! wow.
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ShudBWalking
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Message Posted: Mar 14, 2012 9:29:40 PM

really?
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JimL1
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Message Posted: Mar 14, 2012 9:18:25 PM

This has nothing to do with the KEYSTONE XL PIPELINE, which a Canadian company wants to foist off on us, that endangers our best farmland, and allows a foreign company to exercise eminent domain and take land away from USA people whether they like it or not.
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jjeguy
Rookie Author New Jersey

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Message Posted: Mar 14, 2012 9:13:14 PM

This Great news To help others a fair Share from Mid west to the East Coast. Now if we can only have national or international Pipeline ( KEYSTONE XL PIPELINE ) for all Natural gas OIL Liquified Natural gas and Methane Gas These energies all have potentials in society and United States can do the best out everything. We be worst or complain a lot getting there but once we go for a goal in becoming energy independent and also importing out energies at cheaper more economical method. It would beneficial for all the worlds including third world countries. We must keep after our United States Legislatures. Including who ever is US President We can not and must not short change ourselves. energies we use today will be used in 20 or 30 years time Just hopefully we must use 50% less of it.
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serrog
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Message Posted: Mar 14, 2012 9:08:05 PM

Wait till the green monsters get at them
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s6sputnik
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Message Posted: Mar 14, 2012 9:07:48 PM

Good! less oil needed!
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darkknight1
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Message Posted: Mar 14, 2012 9:06:16 PM

Good for them.
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MadTraveler
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Message Posted: Mar 14, 2012 9:02:55 PM

Great! (If it is private money).
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DTroytNC
Veteran Author Charlotte

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Message Posted: Mar 14, 2012 9:00:44 PM

Yes, its time to develop natural gas.
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jerej829
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Message Posted: Mar 14, 2012 9:00:42 PM

ok
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gass12
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Message Posted: Mar 14, 2012 8:59:35 PM

Sounds good Hope it works out.
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SUSANCK
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Message Posted: Mar 14, 2012 8:56:39 PM

If they are building it with their own money--good for them!
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abcdMA
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Message Posted: Mar 14, 2012 8:51:22 PM

good, now let's build Keystone
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CDMAuto
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Message Posted: Mar 14, 2012 8:50:57 PM

It is a start Lets wait and see what happens.
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hank1326
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Message Posted: Mar 14, 2012 8:48:18 PM

Time will tell the truth.
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PoohMcGoo
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Message Posted: Mar 14, 2012 8:46:12 PM

Sounds good to me..
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Z51Corvette
Champion Author Austin

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Message Posted: Mar 14, 2012 8:46:08 PM

This could be very good news!

ugh... two letter responses are pointless... just cheap to get points... lol!
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mazda03
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Message Posted: Mar 14, 2012 8:35:41 PM

ok
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ShutRBug
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Message Posted: Mar 14, 2012 8:32:45 PM

Confused
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AuburnTim
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Message Posted: Mar 14, 2012 8:32:26 PM

This helps nothing
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sit
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Message Posted: Mar 14, 2012 8:31:55 PM

OK
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pgerassi
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Message Posted: Mar 14, 2012 8:30:29 PM

ok.
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JENNYHK
Champion Author Chicago

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Message Posted: Mar 14, 2012 8:29:38 PM

is this a good or bad thing?
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ezone
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Message Posted: Mar 14, 2012 8:27:48 PM

Hope they aren't anticipating getting permits until after Obozo is gone. NObama 2012.
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craigsfrank
Champion Author Arkansas

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Message Posted: Mar 14, 2012 8:27:13 PM

As long as it isn't my $ I'm all for it.
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EmperorsFinest
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Message Posted: Mar 14, 2012 8:23:27 PM

So much money.
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davenles
Champion Author Texas

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Message Posted: Mar 14, 2012 8:22:31 PM

Keep up the good work!
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FuelOilOH
Champion Author Cleveland

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Message Posted: Mar 14, 2012 8:21:59 PM

I hope it puts lots of Ohioans to work.
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cimilluca1
Sophomore Author New York

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Message Posted: Mar 14, 2012 8:21:13 PM

Awesome!! Great news!!
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tippybuddy
Champion Author Ontario

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Message Posted: Mar 14, 2012 8:21:09 PM

speculators again
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