Category Archives: Uncategorized

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 →

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 →

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 →

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 →

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 →

I don’t hate the idea of Marcellus Shale drilling, which puts me in dutch with some environmentalists. I know some use “environmentalist” as a slur, but I’m generally in sympathy with the green team. I walk, bike or take public … Continue reading →

By Deborah Rogers Over the past month or so we have all been riveted by one revelation after another about Chesapeake Energy CHK. But lest we lose perspective, I believe it is important to examine other shale gas companies in … Continue reading →

Three Washington County families claim they were exposed to carcinogens and suffered health problems including nosebleeds, debilitating headaches and stomach ulcers because of Range Resources Corp.’s drilling operations, according to a lawsuit filed on Friday. A litany of spills and … Continue reading →

Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of companys directors to be replaced.Icahn spent about $785 million to buy 50.1 million shares, or 7.6 percent, of the … Continue reading →

In a brief presentation, Range Chairman John Pinkerton said 2011 was “one of the best years in the company’s history,” and said the sale of its Barnett Shale properties in April last year for about $900 million allowed the producer … Continue reading →