Chesapeake Energy

Chesapeake Energy Corp agreed to buy Texas oil producer WildHorse Resource Development Corp. in a nearly $4 billion cash-and-stock deal that knocked down the natural gas producer’s shares by more than 12 percent. Read more



Marcellus Shale Coalition

Chesapeake Energy Corporation announced that it has entered into an agreement to sell its interests in the Utica Shale operating area located in Ohio for approximately $2.0 billion to Encino Acquisition Partners. Read more


Oil and gas rig counts are expected to remain significantly lower than recent peaks due to growing drill productivity, oil and gas prices in the U.S. will continue to rise. Read more

Refining & Petrochemical Processing

Chesapeake Energy announced it laid off 13%, or 400, of its workforce at its Oklahoma City headquarters, which is in addition to the 19%, or 750, laid off in 2015. Read more

Training & Human Resources

Chesapeake Energy today filed documents with the SEC in preparation to spin off its $2.2 billion oilfield services subsidiary. The new company, to be rechristened Seventy Seven Energy Inc., will seek ... Read more

Natural Gas/LNG

Chesapeake Energy is seeking to sell or spin off its oilfield services division, the company announced today. Chesapeake Oilfield Services (COS), which offers drilling, fracking and oilfield rentals a... Read more


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