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Icahn raises stake in Chesapeake Energy to 11 percent

2015-03-24 02:30:12| Energy - Topix.net

Activist investor Carl Icahn raised his stake in Chesapeake Energy Corp to almost 11 percent even as the company continues to cope with low oil and gas prices. Icahn increased his stake to 10.98 percent from 9.98 percent with 73.05 million shares held in Chesapeake, according to a regulatory filing on Monday.

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Chesapeake Energy testing waterless fracking at Ohio well

2015-03-12 13:11:41| Energy - Topix.net

Chesapeake Energy Corp. is partnering with GasFrac Energy Services Inc. to test waterless fracking at one of its Ohio oil wells. The most-active driller in the Utica shale play is in the early stages of the test on a Tuscarawas County well, the company confirmed.

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Chesapeake Energy testing waterless fracking at Ohio well

2015-03-11 22:25:43| Oil & Gas - Topix.net

Chesapeake Energy Corp. is partnering with GasFrac Energy Services Inc. to test waterless fracking at one of its Ohio oil wells. The most-active driller in the Utica shale play is in the early stages of the test on a Tuscarawas County well, the company confirmed.

Tags: well energy testing ohio

 

Chesapeake Energy Cuts Rig Operations

2015-02-25 16:14:13| Energy - Topix.net

Chesapeake Energy Corp. said that it will reduce its rig operations to the lowest level since 2004 after reporting weaker-than-expected earnings Wednesday. Chesapeake is the latest energy company to cut back in light of falling gas prices.

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Chesapeake Energy sues founder, former CEO McClendon

2015-02-17 20:03:48| Oil & Gas - Topix.net

Oklahoma City-based Chesapeake Energy is suing its founder and former CEO Aubrey McClendon and his new company for allegedly taking sensitive trade secrets when he resigned from Chesapeake two years ago. McClendon and his new company, American Energy Partners, call the allegation meritless and say McClendon left Chesapeake with an agreement that he would receive "extensive" information on land, wells and other matters.

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