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Chesapeake shareholders approve big governance reforms

2014-06-14 12:59:55| Oil & Gas - Topix.net

Chesapeake Energy Corp shareholders on Friday approved a series of reforms that included the elimination of three-year terms for directors, deepening an overhaul that began in the months preceding the 2013 ouster of former Chief Executive Officer Aubrey McClendon .

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Former Chesapeake CEO McClendon makes $4.25B in deals

2014-06-10 23:43:10| Oil & Gas - Topix.net

Former Chesapeake Energy CEO Aubrey McClendon and his new venture, American Energy Partners , have announced $4.25 billion in acquisitions in the Permian Basin and the Utica and Marcellus shales.

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Chesapeake Energy board approves spinoff

2014-06-09 20:15:15| Oil & Gas - Topix.net

The Oklahoma City-based oil and natural gas producer said Monday that the new company will be called Seventy Seven Energy Inc. To separate the companies, Chesapeake shareholders will receive one share of Seventy Seven Energy for every 14 shares of Chesapeake stock they own as of June 19. No fractional shares of Seventy Seven Energy will be issued.

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Chesapeake Energy board approves spinoff

2014-06-09 15:47:26| Energy - Topix.net

Chesapeake Energy Corp. said its board has approved a previously announced plan to spin off its oilfield services business into a separate, publicly traded company.

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Chesapeake Energy faces charges in Michigan

2014-06-06 23:47:53| Energy - Topix.net

Prosecutors say the practice prevented competitors from leasing the land - then Chesapeake did not compensate the property owners.

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