Chesapeake Energy to boost drilling budget, rig count

OKLAHOMA CITY — Chesapeake Energy Corp. has announced plans to increase its drilling budget and rig count in 2017, saying that confidence is growing in the hard-hit energy market. The Oklahoma City-based company said Tuesday that it would increase its capital expenditures to $1.9 billion to $2.5 billion this year. That’s compared to 2016 numbers […]