Chesapeake Energy Planning Cuts
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Monday, March 2nd 2009, 10:04 pm
By:
News On 6
News On 6
OKLAHOMA CITY, OK -- Plunging oil prices spell cutbacks for Chesapeake Energy.
The Oklahoma City-based company says it's cutting oil and natural gas production about 7% because of declining prices.
Chesapeake announced plans to eliminate all but 40 of the 225 jobs at its Charleston, West Virginia office last week.
