Chesapeake Energy Corporation (NYSE:CHK) said the current developments and drilling operations of the company in Converse County brings more positive impact to the area than negative, during a meeting with the people and government officials in Douglas, Wyoming on Tuesday night.
“We know we’re having an impact on the county. We think most of what we do is positive, but we know there are some negatives,” said Chesapeake Energy spokesperson John Dill
A report from the Billings Gazette cited that people expressed their concerns regarding gas flaring, hydraulic fracturing, and the possible effects of industrial development related to Chesapeake Energy Corporation (NYSE:CHK)’s oil and gas drilling operations in the County, particularly in semi-rural areas. Others who attended the meeting expressed their support to the oil and natural gas producer.
During the meeting, representatives from Chesapeake Energy Corporation (NYSE:CHK) explained the processes involved in the drilling operations and how it will affect the people and the entire County.
According to Dill, Chesapeake Energy Corporation (NYSE:CHK) was willing to listen and take into consideration all the concerns raised by the people during the meeting. However, he pointed out, “We can’t promise to fix all the problems. We may not even agree that these things are a problem.”
On the other hand, Sandy Andrew, operations manager of Chesapeake Energy Corporation (NYSE:CHK) for the Rockies informed the participants in the meeting that the company’s main target in the area is the Niobrara Shale formation.”That will continue to be an area of high focus. We’ve had fairly varied results in this play, but we are beginning to zero in to some extent to areas we think we’ll have some success.” Chesapeake Energy has more than 50 horizontal wells in the Niobrara Shale formation, in Converse County.
Bob King and Todd Parfitt, supervisor and director of Wyoming Department of Environment Quality, explained about the practice of flaring. They also informed the regarding the strict implementation of the flaring regulation by the Wyoming Oil and Gas Conservation Commission. King and Parfitt said, “We don’t take them lightly. They’re not rubber-stamped.”