BRIEF-Chesapeake Energy says Q1 expenditures are under budget

HOUSTON, April 1 Mon Apr 1, 2013 9:04am EDT

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HOUSTON, April 1 (Reuters) - Chesapeake Energy Corp : * Interim CEO dixon says Q1 expenditures are under budget * Says has arranged or signed asset sales totaling $1.5 billion so far this

year, more to come * Says infrastructure constraints made it necessary to curtail some Utica

production

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