This excerpt taken from the CHK 8-K filed Oct 26, 2009.
Haynesville Shale, where Plains Exploration & Production Company (NYSE:PXP) is Chesapeake’s 20% joint venture partner, Chesapeake’s gross operated daily production has recently reached 500 mmcf from approximately 125 Chesapeake-operated wells, or roughly 20% of the number of wells needed to reach this production level in the Barnett. Chesapeake announced its discovery of the Haynesville Shale in March 2008 and has quickly accelerated its development of the play. Chesapeake is the largest leasehold owner, largest producer and most active driller of new wells in the Haynesville.
Two notable recent wells completed by Chesapeake in the Haynesville are as follows: