Investors who sold oil and natural gas land leases to Chesapeake Energy Corp and now-bankrupt SandRidge Energy Corp sued Chesapeake and Tom Ward, SandRidge's former CEO, alleging that they conspired to depress the market for those leases.
OKLAHOMA CITY The fiery crash that killed U.S. oilman Aubrey McClendon in March after his car hit a wall was an accident, Oklahoma's medical examiner said on Wednesday, echoing a police inquiry's findings a day earlier that there was no evidence of suicide. | Video
HOUSTON Oklahoma City police said on Tuesday an inquiry found no evidence suggesting oilman Aubrey McClendon committed suicide when he died in a fiery crash in March, but acknowledged his state of mind at the time of the accident was unknowable.
NEW YORK This weekend, the Oklahoma City Thunder stands one game away from clinching a surprising spot in the NBA finals.
Chesapeake Energy Corp , the second-largest U.S. natural gas producer, said on Monday it had issued or agreed to issue about 5 percent of its outstanding shares in exchange for debt over the past week, the second such transaction this month.
Oklahoma City The closure of American Energy Partners after the sudden death of founder Aubrey McClendon will not affect companies it formed and spun off with Texas-based private equity firm Energy & Minerals Group, according to a statement from AEP.
Debt-laden Chesapeake Energy Corp , the second-largest U.S. natural gas producer, said on Thursday it had issued or agreed to issue about 4 percent of its outstanding shares in exchange for debt over the past week.
Debt-laden Chesapeake Energy Corp , the second-largest U.S. natural gas producer, said on Thursday it was selling $470 million in assets in Oklahoma to Newfield Exploration Co as part of a plan to shore up its finances through divestitures.
Magnum Hunter Resources Corp and its founder Gary Evans are emblematic for the U.S. shale revolution: it started small, borrowed heavily to snap up land and rivals and then crumbled under the weight of debt when prices crashed.
HOUSTON Oil producer American Energy-Woodford LLC, controlled by private equity firm Energy and Minerals Group (EMG) and founded with the late energy wildcatter Aubrey McClendon, said on Wednesday it will buy shale assets from Devon Energy Corp .
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