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Chesapeake Energy Corporation Announces Significant New Discovery in the Hogshooter Play of the Texas Panhandle and Western Oklahoma

OKLAHOMA CITY--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE: CHK) today announced a significant new discovery in the Hogshooter play in the Anadarko Basin of the Texas Panhandle and western Oklahoma. Chesapeake owns approximately 30,000 net acres in the play, which are more than 90% held by production (HBP) from its legacy deeper Granite Wash production.