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chesapeake energy

A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy seeks dismissal of nonprofits’ lawsuit

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Chesapeake Energy is seeking the dismissal of a lawsuit that alleges it took oil and gas from a property without a lease agreement with the owners.
(Spencer Platt/Getty Images)

Goldman Sachs sees Brent crude oil at $55 a barrel in 2020

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Oil’s rally from a six-year low in March is stalling as U.S. output remains near a record even as the number of rigs drilling for oil in the nation shrinks.
(Helge Hansen / Statoil)

Chesapeake ups payment amount in leaseholders suit

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A subsidiary of energy giant Chesapeake Energy is increasing the amount it will pay to settle a federal lawsuit over natural gas drilling royalties for Pennsylvania landowners.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern — unlike peers — plans to boost 2015 spending

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Firms like Continental Resources, Apache Corp., ConocoPhillips and Marathon Oil have all announced big cuts this winter to their planned capital expenditures.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

Southwestern Energy to buy more Marcellus, Utica acreage

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Southwestern Energy Co. said Tuesday it is planning to snap up Statoil’s 20-percent stake in oil and gas assets in West Virginia and southwest Pennsylvania for $394 million, just a day after closing its biggest-ever deal with Chesapeake Energy in the region.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

Southwestern Energy to pay $300M for gas-rich land in Pennsylvania

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Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas land nearby.
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

McClendon venture raises $500 million for mineral rights

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McClendon doesn’t appear to be slowing down his new venture even as oil prices have sunk below $75 a barrel.
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

American Energy snaps up more West Texas oil land for $440M

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The deal, expected to close next month, would double Aubrey McClendon’s stake in West Texas.
Aubrey McClendon, owner of American Energy Partners (F. Carter Smith/Bloomberg )

McClendon’s West Texas venture plans Wall Street debut

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Wildcatter Aubrey McClendon’s oil and gas startup in West Texas may be the latest venture in the Permian Basin to beckon for Wall Street investors, sitting astride one of the most lucrative U.S. shale plays.
A drilling rig in the Utica Shale. (Chesapeake)

Chesapeake files SEC papers to get IPO filing fee back

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A unit of Chesapeake Energy on Friday filed regulatory papers to cancel its $862.6 million public offering — because it had already made its Wall Street debut under another name.