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US shale company Chesapeake sees more natural gas in its mix

US shale company Chesapeake sees more natural gas in its mix
May 12, 2021 3:32:pm
Summary
Once a lead shale company, the company has struggled to retool after emerging from bankruptcy protection in January.
by: Daniel Graeber
Posted in:
US shale company Chesapeake sees more natural gas in its mix
US producer Chesapeake Energy said May 11 its production levels would remain neutral through 2022, but sees natural gas as an expanding part of its portfolio.
Chesapeake filed for Chapter 11 protection in June, becoming the largest US shale oil and gas producer to seek bankruptcy protection in recent years. Under a court-approved plan, $7.8bn of debt has been equitised. The company expects to generate over $2bn of free cash flow over the next five years. ....

United States , Tom Ward , Aubrey Mclendon , Chesapeake Energy , Energy Information Administration , East Texas , ஒன்றுபட்டது மாநிலங்களில் , டோம் வார்டு , ஆப்ரி ம்கிலேந்தோன் , செசபீக் ஆற்றல் , கிழக்கு டெக்சாஸ் ,

Chesapeake Energy seeking to unload Eagle Ford acreage; press

Chesapeake Energy seeking to unload Eagle Ford acreage: press
US shale company Chesapeake Energy is looking to offload its acreage in the Eagle Ford basin in Texas for as much as $2bn, the
Bloomberg news service reported April 30.
Citing people familiar with the matter who were speaking about private discussions on condition of anonymity,
Bloomberg reported the company wants to sell the 220,00 acres of oil and gas leases it owns across the south Texas basin.
The report said Chesapeake is currently working with advisors on the potential sale.
Once among the more influential shale oil and gas companies in the world, Chesapeake has experienced a steady series of corporate setbacks. ....

Eagle Ford , United States , Tom Ward , Aubrey Mclendon , Chesapeake Energy , கழுகு ஃபோர்ட் , ஒன்றுபட்டது மாநிலங்களில் , டோம் வார்டு , ஆப்ரி ம்கிலேந்தோன் , செசபீக் ஆற்றல் ,

Chesapeake CEO departs after emerging from Chapter 11

Chesapeake CEO departs after emerging from Chapter 11
Apr 28, 2021 5:31:pm
Summary
by: Daniel Graeber
Posted in:
Chesapeake CEO departs after emerging from Chapter 11
US-based energy company Chesapeake said April 27 that CEO Doug Lawler would leave his position, just months after the company emerged from Chapter 11 bankruptcy protection.
After nearly a decade in the front office, Lawler will leave effective April 30. The chairman of the company’s board of directors, Mike Wichterich, will serve as interim CEO during the search for Lawler’s replacement.
“I firmly believe that the investment thesis supporting Chesapeake is compelling, and my confidence in the renewed strength of the company continues to grow,” Wichterich said. ....

Brian Steck , Doug Lawler , Mike Wichterich , Tom Ward , Sarah Emerson , Timothy Duncan , Aubrey Mclendon , Matthew Gallagher , Benjamin Duster , பிரையன் ஸ்டெக் , டக் சட்டத்தரணி , டோம் வார்டு , சாரா எமர்சன் , தீமோத்தேயு டங்கன் , ஆப்ரி ம்கிலேந்தோன் , மேத்யூ கல்லாகர் , பெஞ்சமின் தூசி ,