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Chesapeake Disappointed in Bakken Drilling Results: Mcclendon

Chesapeake Energy Corp. 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.

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