Chesapeake Lowers 2015 Capital Budget

Chesapeake Energy has reduced its 2015 capital budget to $3.5 billion to $4.0 billion for 2015, which is a $500 million reduction from its previous guidance of $4.0 billion to $4.5 billion. “We entered 2015 with a strong liquidity position and we intend to manage it prudently,” Doug Lawler, CEO,…

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