Monthly Archives: June 2012

CHK To Target Savings at the Pump

Though the price of gasoline has dropped slightly over the past few weeks, Chesapeake officials note that “new natural gas engines currently under development and expected to be released soon” are one of the major factors for the increased use … Continue reading

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Weld County oil & gas properties sustain $1M+ damage

(Here’s a scenario where S4W’s early warning perimeter security solutions would have helped deter unauthorized access and could have notified the companies AND the police of the illegal activity IMMEDIATELY!) Vandals caused upwards of $1 million of damage Monday and … Continue reading

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Ohio AG investigating Chesapeake Energy

Ohio Attorney General Mike DeWine is reviewing allegations of fraud by Chesapeake Energy that may have led to investment losses for Ohio pension funds.  He said this in a letter to Ohio Citizen Action, an environmental advocacy group that wrote … Continue reading

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New chairman of Oklahoma City-based Chesapeake Energy Corp. expected to be named this week

Oklahoma City-based Chesapeake Energy Corp. is expected to name a new chairman this week, although the 23-year-old company has given no indication who that will be.Aubrey McClendon has agreed to step down as chairman of the company he co-founded in … Continue reading

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Chesapeake Energy Settles with New York on Lease Renegotiations

Chesapeake Energy Corp. (CHK) will have to renegotiate more than 4,400 land leases in New York and pay $250,000 as part of a settlement with the state, the New York attorney general’s office disclosed Thursday. The decision forces Chesapeake to … Continue reading

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Meet The Oil Shale Eighty Times Bigger Than The Bakken

Everyone has heard about the Bakken shale, the huge expanse of oil-bearing rock underneath North Dakota and Montana that billionaire Harold Hamm thinks could yield 24 billion barrels of oil in the decades to come. The Bakken is a huge … Continue reading

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PA likely to stay at forefront with Natural Gas

With billions of dollars already invested in leases, wells and related infrastructure, the state is a cost-effective place to do business. And a plunge in wholesale prices has made being thrifty a must for some companies, dealing a potential blow … Continue reading

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