Chesapeake Exploration
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Total expands its position in the USA – enters the Utica Shale formation in Ohio
Wednesday, 4th January 2012
Total announces that its subsidiary, Total E&P USA, has signed and completed on December 30, 2011 an agreement to enter into a Joint Venture with Chesapeake Exploration, a subsidiary of Chesapeake Energy Corp, and affiliates of its partner EnerVest. In the agreement, Total acquires a 25% share in Chesapeake's and EnerVest's liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 61.92 | -1.20% |
Crude Oil (Brent) Brent | USD/bbl | 65.83 | -1.11% |
NYMEX Natural Gas | USD/MMBtu | 2.72 | -0.37% |
OPEC Basket Price | USD/bbl | 65.10 | -0.17% |
Last Modified April 21, 2021