- Chesapeake Energy Corp said it would spin off its oilfield services division, less than a month after saying it was pursuing options including a sale of the business.
- Oil and gas giants Chesapeake Energy and Encana Corp were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in Michigan, state Attorney General Bill Schuette said.
- Oil and gas giants Chesapeake Energy and Encana Corp. were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in the state of Michigan, the state Attorney General Bill Schuette said.
- Chesapeake Energy Corp said it would sell 437 natural gas compression units and related assets in two separate deals to Access Midstream Partners LP and Exterran Partners LP for a total of $520 million.
NEW YORK/HOUSTON - Encana Corp and Chesapeake Energy Corp are negotiating civil settlements with the state of Michigan to try to end its criminal investigation into whether the energy companies colluded to keep oil and gas lease prices artificially low in the state.
HOUSTON - Chesapeake Energy Corp ousted its former chief executive Aubrey McClendon last April after a governance scandal and a liquidity crisis. But the former boss retains financial ties to the second-largest U.S. natural gas company, and he is using them to try to change company plans.
- Chesapeake Energy Corporation said it is pursuing strategic alternatives for its oilfield services division, including an outright sale or a potential spin off to Chesapeake shareholders.
- Chesapeake Energy Corp on Thursday cut its capital budget for the year by more than a fifth as Chief Executive Officer Doug Lawler focuses on drilling in U.S. shale basins with the highest returns, but the company's oil production outlook disappointed and the stock fell more than 7 percent.
HOUSTON, Feb 6 - Chesapeake Energy Corp, the No. 2 natural gas producer in the United States, said on Thursday that unusually cold weather across much of the country was hurting its output.
NEW YORK - Former Chesapeake Energy Corp CEO Aubrey McClendon's American Energy Partners said on Monday that it had struck three deals in Ohio's Utica shale region, doubling its holdings there.
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