Chesapeake Energy Corporation (CHK), And Discussions Of The Utica Shale

Final thoughts
Even though recent asset sales seem to indicate that the Utica’s prospects are fading, not all hope is lost. Some operators’ results for natural gas and natural gas liquids have been quite impressive, suggesting that the Utica may simply turn out to be a gassy play with greater quantities of gas liquids as opposed to oil.

And even though some efforts at coaxing oil from deeper regions of the shale haven’t panned out too well, that doesn’t necessarily mean the play should be written off for oil just yet. If operators can find ways to overcome the challenges of getting oil flowing through rock, there may still be a way to produce quite a decent bit of oil.

The article Has the Utica Shale Lost Its Allure? originally appeared on Fool.com and is written by Arjun Sreekumar .

Motley Fool contributor Arjun Sreekumar has no position in any stocks mentioned. The Motley Fool owns shares of Devon Energy and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy.

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