Chesapeake Woes...

Chesapeake Energy Corporation will have the cash they need to fund the current drilling budget and will complete its transition to oil production by 2014. CEO Aubrey McClendon clarified some misinterpreted information that had investors and shareholders in shock last Friday. The information that the company's stock price could lose more than $1 billion dollars was false.. Chesapeake filed its first quarter report on Friday, which was a day later than it was due causing a snow ball effect on the rumors floating in the air... Visit: http://newsok.com/mcclendon-chesapeake-will-raise-needed-money/article/3675393 for the rest of the story...