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$CHK 2Q15 Call: Haynesville's production grew 9% to 669MM cfe/d. Two 7,500 lateral tests flowing an avg. of 16MM cf/d for over 100 days. In Oklahoma, CHK has over 1.8MM net acres and estimated net locations were 4,500 with resource as large as 2.1Bil boe. Current daily production was 102MM boe/d and expected annual net production of 36.1Bil boe.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.