Not sure how McClendon calls the TMS pricey at $200-250 per acre.
"Or just simply, I think the industry, including us, is running out of places where you could go put together big leasehold positions. And we're not chasing anything in California, and we're not chasing the -- for example, the Tuscaloosa Marine shale and some other things. That would be pretty pricey to get involved in."
Aubrey McClendon, CEO, Chesapeake Energy