Fresh off its recent announcement that it has plans to sell all of its assets in eastern Ohio’s Utica shale for $2 billion, Chesapeake Energy Corp. has applied for permits to add two new horizontal wells in Columbiana County, according to Ohio Department of Natural Resources.

According to the Youngstown Business Journal, Chesapeake Exploration LLC, a subsidiary of the company, filed applications for two permits on July 31 to drill horizontal wells in Washington Township.

The wells will target the Point Pleasant formation, a segment of what is collectively termed the Utica. The new well pad is slated for the Sevek farm.

 

 

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