The Company is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties and in the production, processing, marketing and transportation of oil and natural gas.
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XTO has excellent positions in both the Fort Worth and Arkoma basins. They are a leader in operational experience in the Arkoma for sure. XTO can currently afford to keep drilling in the Arkoma basin for the next year at least, because they already have the gas on contract. With regard to the Fort Worth basin, CHK can barely afford to keep the lights on, and XTO, while maybe shedding a rig or two, is still drilling away.