Company Upbeat About W.Va.: ; Officials Optimistic That Deep Wells Will Pay Off, Just As Shallow Ones Did in the State

Summary


DAILY MAIL BUSINESS EDITOR

The Appalachian Basin has long produced natural gas from shallow wells. Chesapeake Energy Corp.'s executives are convinced the company will produce more gas and bring new prosperity to the region by finding gas deep beneath West Virginia's hills and valleys.

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Company Upbeat About W.Va.: ; Officials Optimistic That Deep Wells Will Pay Off, Just As Shallow Ones Did in the State

"Our employees are energized," said Michael John, vice president of operations. "We think Chesapeake will unlock the deep potential of this basin."

When Chesapea...

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