A post on the Seeking Alpha blog details how successful Chesapeake Energy has been at rapidly leasing enormous acreages in all of the major natural gas shale plays in the United States. They author calls them a “land acquisition machine”.
Natural Gas Stocks
Chesapeake Energy: Land Acquisition Machine
$21B Spend on Shale Gas M&A During first 1/2 of 2010
An article on the EngineerLive.com website reports that during the first half of 2010 US shale gas merger and acquisition expenditures totalled $21 billion.
