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February 26, 2014
07:03 EDTCHKChesapeake reports Q4 adjusted EPS 27c, consensus 41c
Chesapeake’s daily production for the 2013 fourth quarter averaged approximately 665,100 boe, an increase of 2% from the 2012 fourth quarter and a 1% decrease from the 2013 third quarter. Average daily production in the 2013 fourth quarter consisted of approximately 111,300 bbls of oil, 63,700 bbls of NGL and 2.9 bcf of natural gas. The company's December 31, 2013 proved reserves were 2.7 billion barrels of oil equivalent, a 2% increase from year-end 2012.
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