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In Haynesville, $CHK continues to lead the industry on long lateral technology with six 10,000-foot wells drilled to date. The company recently tested the largest completion in its history with over 30MM pounds of sand being pumped in the well. The restricted initial rate was 38MM cubic feet per day & the flowing pressure of was approx. 7,500 psi.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.