SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 24, 2010 08:42 ET

Professional Research on Southwestern Energy Company and Chesapeake Energy Corporation -- What's Brewing in the Independent Oil & Gas Industry?

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 24, 2010) -  www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the independent oil & gas industry, and offers free research on industry players Southwestern Energy Company (NYSE: SWN) and Chesapeake Energy Corporation (NYSE: CHK). Register today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The Department of Energy's recent announcement of increased U.S. stockpiles of oil and gas has not been well received by the Oil and Gas industry. A sluggish summer driving season and higher U.S. unemployment have kept many companies in the industry from making any serious headway. Some companies have even opted to close down refining plants in an attempt to right the supply demand issue.

www.wallstreetequityresearch.com is a specialized website where investors can have complete access to free reports on independent oil & gas industry; traders looking for analyst opinions on Southwestern Energy Company, Chesapeake Energy Corporation and other players in the industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

September has seen oil supply rise to its highest level in over 25 years, and natural gas stores are also well above average. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting independent oil & gas stocks.

While the industry tries to reduce its bulging supply, some companies involved in natural gas drilling in shale formations are caught up in legal battles. The act of fracturing using high pressure water and sometimes chemicals to free natural gas trapped in shale has many environmentalists and residents calling for a stop to the practice. Southwestern Energy Company is now involved in lawsuits claiming that its drilling activities have poisoned water supplies in the area of northeastern Pennsylvania.

The Pennsylvania's Marcellus Shale which has become the centre of focus of many oil & gas companies is also seeing a growing number of complaints due to the risks of contamination of water reserves in the area due to hydrofracking. Chesapeake Energy Corporation was very recently summoned by the Pennsylvania's Department of Environmental Protection to inspect a number of its wells in light of gas leaked in a river and other water reserves. Shareholders and investors can sign up today at http://wallstreetequityresearch.com/September242010SouthwesternEnergyCo.(SWN)240910.php or http://wallstreetequityresearch.com/September242010ChesapeakeEnergyCorporation(CHK)240910.php to download the full reports on Southwestern Energy Company and Chesapeake Energy Corporation.

With legal battles and oversupply in the future, the Oil and Gas industry looks to have a long road ahead of it.

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