Chesapeake Energy announced the execution of agreements to sell assets in the Northern Eagle Ford Shale and Haynesville Shale to EXCO Operating Company, LP a subsidiary of EXCO Resources for aggregate proceeds of approximately $1.0 billion, of which approximately 90% will be received upon closing. Payment of the remaining proceeds will be subject to customary post-closing contingencies. The transactions, which are subject [...]
Chesapeake Energy today announced it completed its previously announced Mississippi Lime joint venture with Sinopec International Petroleum Exploration and Production Corporation (Sinopec) on June 28, 2013. The company sold a 50% undivided interest in approximately 850,000 acres in northern Oklahoma for total consideration of $1.02 billion in cash, of which approximately 93% was received upon closing. Payment of the [...]
Chesapeake Energy has scheduled to release its 2013 second quarter operational update and financial results before market open on Thursday, August 1, 2013. A conference call to discuss the results has been scheduled for the same day at 9:00 am EDT. The telephone number to access the conference call is 913-312-0968 or toll-free 888-215-6895. The passcode for the call is 3533928. We encourage those who would like to [...]
Chesapeake Energy Corporation (NYSE:CHK) today announced that Patrick K. Craine, a partner with the law firm Bracewell & Giuliani LLP, will join Chesapeake as Chief Compliance Officer. In this capacity, he will report to Chesapeake′s General Counsel, Jim Webb, and the A ...
Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on July 31, 2013 to common shareholders of record on July 15, 2013. Chesapeake has approximately 666 million common s ...
Chesapeake Energy Corporation (NYSE:CHK) announced preliminary voting results from its Annual Meeting of Shareholders held earlier today at the company′s Oklahoma City headquarters. The preliminary results are as follows: Item 1: Election of Directors:Directors ...
HOUSTON, May 17, 2013 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) announced today that it has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus Shale in Pennsylvania. The properties were acquired from Chesapeake Energy Corporation (NYSE: CHK) and its partner for approximately $93 million, excluding purchase price adjustments. Southwestern has financed the acquisition [...]
Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has accepted the resignation of director Louis A. Simpson. Thomas L. Ryan, President and Chief Executive Officer of Service Corporation International (NYSE:SCI), has been elected to fill ...
Chesapeake Energy Corporation (NYSE:CHK) today reported financial and operational results for the 2013 first quarter. Key information related to the quarter is as follows: Adjusted net income per fully diluted share of $0.30 increases 67% year over yearAdjusted ebit ...
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