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Comment from Chesapeake Energy Corporation Concerning Decision Regarding the Red Rock Power Plant.


OKLAHOMA CITY Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm  -- Chesapeake Energy Corporation (NYSE NYSE

See: New York Stock Exchange
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) released the following comment by Tom Price, Jr., Senior Vice President - Corporate Development, concerning today's action by the Oklahoma Corporation Commission The Oklahoma Corporation Commission is a state agency, run by three commissioners, with 600 employees. It regulates oil and gas drilling, utilities and telephone companies. The current Commissioners are Bob Anthony, Jeff Cloud, and Jim Roth.  to deny the application to build a coal-fired power plant in Red Rock, Oklahoma Red Rock is a town in Noble County, Oklahoma, United States. The population was 293 at the 2000 census. Geography
Red Rock is located at  (36.459934, -97.179226)GR1.
.

"We are certainly pleased with today's ruling at the Oklahoma Corporation Commission denying the application for a coal-fired power plant. We know the decision was reached after a thoughtful, thorough and fair review of the economics and environmental facts. This certainly is great news for all Oklahomans and bodes well for future generations of Oklahomans."

Chesapeake Energy Corporation is the largest independent producer and third-largest overall producer of natural gas in the United States. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Mid-Continent, Fort Worth Barnett Shale, Fayetteville Shale, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast, Ark-La-Tex and Appalachian Basin regions of the United States. The company's Internet address is www.chkenergy.com.
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Publication:Business Wire
Date:Sep 10, 2007
Words:170
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