In Wednesday trading, Chesapeake Granite Wash Trust shares are currently trading flat on the day.

FORBES: Connect

Chesapeake Granite Wash Trust shares are currently trading down about 2.9% on the day.

FORBES: CHKR Shares Enter Oversold Territory

Chesapeake Granite Wash Trust shares are currently trading down about 5.9% on the day.

FORBES: Connect

Chesapeake Granite Wash Trust shares are currently trading down about 2.4% on the day.

FORBES: CHKR Crosses Critical Technical Indicator

Chesapeake Granite Wash Trust shares are currently trading down about 3.1% on the day.

FORBES: Connect

In the Granite Wash it has two rigs working 35, 000 acres, and in the Permian it has 115, 000 acres.

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First, it will likely sell assets, most likely its non-Marcellus fields in the Permian Basin, Granite Wash and Barnett Shale areas.

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Chesapeake Energy owns leading positions in the Barnett, Fayetteville, Haynesville, Marcellus and Bossier natural gas shale plays and in the Eagle Ford, Granite Wash, Niobrara and various other conventional and unconventional liquids-rich plays across the U.S. The firm has interests in over 44, 100 producing natural gas and oil wells that produce over 2.4 billion cubic feet equivalent per day, 93% of which is natural gas.

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