Chesapeake Disappointed in Bakken Drilling Results: Mcclendon

Chesapeake Energy Corp. (CHK) was disappointed by results drilling for oil in the Bakken formation and Williston basin.

The company will move its Bakken rigs to the western edge of its acreage and it’s “not crazy” about results in the Williston, Chief Executive Officer Aubrey McClendon said in a conference call today.

To contact the reporter on this story: Joe Carroll in Chicago at jcarroll8@bloomberg.net

To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net

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