Chesapeake Energy has already opened a field office in downtown Canton, Ohio and plans to grow the office further to help run the company’s Utica Shale operations in the area. The Stark County, OH facility will likely serve several of the neighboring counties such as Carroll County, Columbiana County, Mahoning County, Tuscarawas County, and possibly others.
This is likely just the beginning to Chesapeake’s corporate move into the area. If the company is able to bring in a JV partner, you’ll see drilling and operations pick up substantially over the next few years. That means more employees and more corporate space in places like Canton
Chesapeake Energy will use downtown Canton as a center of operations in its bid to extract oil and natural gas from the Utica shale formation that lies under eastern Ohio.
The company has leased space in the Cornerstone Building at 400 Third St. SE, next to the Ohio Bureau of Worker’s Compensation facility, where it will set up a field office.
The office already is open, and Chesapeake hopes to have more than 70 employees there. It will serve as home base for the company’s oil and natural gas development in Stark and neighboring counties.
Chesapeake calls the location its “first phase in building a strong, regional workforce.” The location will serve as an interim facility while Chesapeake searches for a permanent field office.
“We are very pleased to join the downtown Canton business community and to be able to bring jobs and business investment to Ohio,” said Keith Fuller, director of corporate development and a native of New Philadelphia. “We look forward to being a part of the community and spurring business growth for years to come.
Read the full news release at cantonrep.com