Gassy Northern Utica in Ohio Turns Oily Thanks to Encino Energy

Encino Energy purchased Chesapeake Energy's Ohio oil and gas assets (including Utica Shale assets) in 2018 for $2 billion (see Encino Takes Over from Chesapeake in Ohio Utica; Big Plans). A few months later, Encino CEO Hardy Murchison and COO Ray Walker (formerly of Range Resources) told attendees at a conference they would do oil

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