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Chesapeake Energy Has Curtailed 1 BCF of Gas Production

Chesapeake Energy Corp. (CHK) has curtailed about 1 billion cubic feet of natural-gas production in response to low prices, which amounts to 1.5 percent of total output in the lower-48 states.

The curtailments are mostly in the Haynesville and Barnett shale plays, the company said in a statement today.

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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