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
Yesterday we brought you the latest update on EOG Resources' oil drilling program in the Utica Shale (see Black Gold: EOG Resources Drills Gushers in Ohio Utica). Today we have details about two more companies and their Utica oil drilling programs: Ascent Resources and Encino Energy. Last summer, we told you that Encino, which picked