Chesapeake Energy 1996 Annual Report Download - page 8

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TO BECOME A LEADER in any
industry, and more importantly,
CHESAPEAKE'S COMPETITIVE ADVANTAGES
to remain aleader, a company
must develop distinctive core
c o rn p e t e n c i e s tha t
distinuish it from its
competitors. This is
especially true in the
independent energy
sector where more than 200 major and in-
dependent public companies compete to find,
develop, and produce oil and natural gas.
LETTER TO SHAREHOLDERS
CHESAPEAKE ENERGY CORPORATION
R1u,k
TO P OPERATORS
Operator narre
ONSHORE USA
Rig Covrt Avg. Depth
LUnion PacifIc 36 14,555
2. Texaco 36 10160
3. Enron 29 10,548
4. Chesapeake 23 16,012
:&r.ars1ey
7. Chevron 19 9,492
8. Sonar 17 12,476
9. Marathon 17 12,182
10. Burlington 13 10,240
30. 1996 243 11,082