What did Chesapeake know -- and when did they know it?
You have to wonder what Chesapeake might have known about the pressure depletion when they CHKR into the market. Maybe that's why they chose to dump this acreage. Lawyers will be looking into this matter.
You almost have to believe they new the real #s from the start, you or noone else will be able to prove it however. You have to ask yourself a question if these wells were really that profitable why would they package them and sell as a trust... yeah you got it to raise large amounts of cash for expansion ect, that bieng said this still is probably a good investment only with new parameters.
a.mcclendon is a geologist and a shrewd operator with indecent morals for corporate governance. He is an all-me driller and operator who was out matched by a decent and more shrewd shareholder friendly Carl Ichan. adios mcclendon-back to your dry-hole.