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HOUSTON,Feb 9 (Reuters) – U.S. shale producer ChesapeakeEnergy Corp CHKAQ.PK on Tuesday exited Chapter 11 bankruptcy with business plan that nods to its founders’ emphasis on natural gas after a recent push into crude oil.

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  • Is Chesapeake Energy going back to the future?

  • Robert Lawler, Chesapeake CEO looks to be going back to the future. The long and winding road for independent oil and gas producer Chesapeake Energy rounded another curve this week with the company鈥檚 emergence from Chapter 11 bankruptcy proceedings in leaner shape and with a new strategic focus that echoes an old one.

  • What does Chesapeake Energy’s bankruptcy mean for natural gas?

  • HOUSTON, Feb 9 (Reuters) – U.S. shale producer Chesapeake Energy Corp CHKAQ.PK on Tuesday exited Chapter 11 bankruptcy with business plan that nods to its founders’ emphasis on natural gas after a recent push into crude oil.

  • What are Chesapeake Energy鈥檚 proven reserves?

  • LaRoche stated Chesapeake鈥檚 total 10-year proved reserves include about 125.5 million barrels of oil, about 3.1 trillion cubic feet of natural gas and about 41.4 million barrels of natural gas liquids. It estimated the company could return about $4.3 trillion, or about $2.7 trillion (discounted over 10 years) to investors from those reserves.

  • What is the history of the Chesapeake Energy Company?

  • Chesapeake was founded in 1989 by wildcatters Aubrey McClendon and Tom Ward. As CEO McClendon snapped up drilling land across the United States in a belief that gas prices would stay high. However, McClendon stepped down in 2013, as investigations swirled into possible antitrust violations, and later died in a car accident.

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