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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
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.
honda0105
Champion Author Tallahassee

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

time will tell what it will cost.
N5EXY
Champion Author Austin

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Message Posted: Mar 16, 2012 5:40:39 AM

235 days until the ejection.
sparky808
Champion Author Honolulu

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Message Posted: Mar 15, 2012 11:35:01 AM

Thank you for posting.
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.
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..
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...
TheSicilian
Champion Author Jacksonville

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Message Posted: Mar 14, 2012 10:08:37 PM

will this help
regout
Champion Author Quebec

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Message Posted: Mar 14, 2012 10:03:36 PM

Oh yes......
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
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 !!!!.
goodbuy
Champion Author Michigan

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Message Posted: Mar 14, 2012 9:53:42 PM

Hope they do not use taxpayer monies.
eswi
Champion Author Madison

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Message Posted: Mar 14, 2012 9:53:24 PM

OK
bif65
Champion Author Virginia

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

ok
RAKARWOWSKI
Champion Author Chicago

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

OK.
Benz98
Veteran Author Modesto

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Message Posted: Mar 14, 2012 9:50:25 PM

Good news
minnesotagirl
Champion Author Milwaukee

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Message Posted: Mar 14, 2012 9:37:12 PM

At least there will be some jobs created, most likely
skybiker
Champion Author South Carolina

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Message Posted: Mar 14, 2012 9:36:51 PM

At least there is some good news....
mstearno
Champion Author Dayton

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Message Posted: Mar 14, 2012 9:33:25 PM

good for them
and good for jobs
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!!!
nwsynthetics
Champion Author Oregon

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Message Posted: Mar 14, 2012 9:31:05 PM

900 million! wow.
ShudBWalking
Champion Author Kitchener-Waterloo

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Message Posted: Mar 14, 2012 9:29:40 PM

really?
JimL1
Champion Author Phoenix

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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.
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.
serrog
Champion Author Nova Scotia

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Message Posted: Mar 14, 2012 9:08:05 PM

Wait till the green monsters get at them
s6sputnik
Champion Author Austin

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Message Posted: Mar 14, 2012 9:07:48 PM

Good! less oil needed!
darkknight1
Champion Author Winston-Salem

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Message Posted: Mar 14, 2012 9:06:16 PM

Good for them.
MadTraveler
Champion Author Idaho

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Message Posted: Mar 14, 2012 9:02:55 PM

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

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

Yes, its time to develop natural gas.
jerej829
Champion Author Memphis

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Message Posted: Mar 14, 2012 9:00:42 PM

ok
gass12
Champion Author Omaha

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

Sounds good Hope it works out.
SUSANCK
Champion Author Chicago

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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!
abcdMA
Champion Author Worcester

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Message Posted: Mar 14, 2012 8:51:22 PM

good, now let's build Keystone
CDMAuto
Champion Author Connecticut

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Message Posted: Mar 14, 2012 8:50:57 PM

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

Time will tell the truth.
PoohMcGoo
Champion Author Alabama

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Message Posted: Mar 14, 2012 8:46:12 PM

Sounds good to me..
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!
mazda03
Veteran Author Quebec City

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Message Posted: Mar 14, 2012 8:35:41 PM

ok
ShutRBug
Champion Author Ontario

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

Confused
AuburnTim
Champion Author Indiana

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

This helps nothing
sit
Champion Author Cleveland

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Message Posted: Mar 14, 2012 8:31:55 PM

OK
pgerassi
Champion Author Milwaukee

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

ok.
JENNYHK
Champion Author Chicago

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

is this a good or bad thing?
ezone
Champion Author Florida

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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.
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.
EmperorsFinest
Champion Author Chicago

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Message Posted: Mar 14, 2012 8:23:27 PM

So much money.
davenles
Champion Author Texas

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

Keep up the good work!
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.
cimilluca1
Sophomore Author New York

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

Awesome!! Great news!!
tippybuddy
Champion Author Ontario

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

speculators again
Kaiyne
Champion Author Chicago

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Message Posted: Mar 14, 2012 8:20:17 PM

let's see if this really happens....
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