Chesapeake and PXP Announce Haynesville Shale Joint Venture

Found this link on tigerdroppings.com. Makes a good read. Check out the paragraph on number of rigs too.

"OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK - News) and Plains Exploration & Production Company (NYSE:PXP - News) (“PXP”) today announced they have entered into a Haynesville Shale joint venture (the “JV”) in North Louisiana and East Texas."

http://biz.yahoo.com/bw/080701/20080701006524.html?.v=1

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Comment by Les B on July 1, 2008 at 10:18pm
Duster, the following is a link to the Chesapeake website which includes a pdf version of the news release:

http://phx.corporate-ir.net/phoenix.zhtml?c=104617&p=irol-newsArticle&ID=1171282

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