Chesapeake

Chesapeake Energy Corp., the trailblazing Lower 48 unconventional oil and natural gas producer, reported an astounding first quarter net loss of $8.3 billion, an earnings per share hit of $852.97 on Monday, and it acknowledged Chapter 11 is a distinct possibility.

A potential deal on Thursday to end the oil price war between Russia and the Organization of the Petroleum Exporting Countries is likely not enough to stanch the fallout from Covid-19 in North America’s oil and natural gas industry, with one Lower 48 pioneer said to be on the cusp of declaring bankruptcy.

A potential deal on Thursday to end the oil price war between Russia and the Organization of the Petroleum Exporting Countries is likely not enough to stanch the fallout from Covid-19 in North America’s oil and natural gas industry, with one Lower 48 pioneer said to be on the cusp of declaring bankruptcy.

A third person died Saturday from injuries suffered last Wednesday at a Chesapeake Energy Corp. well site in Central Texas.

A third person died Saturday from injuries suffered last Wednesday at a Chesapeake Energy Corp. well site in Central Texas.

A third person died Saturday from injuries suffered last Wednesday at a Chesapeake Energy Corp. well site in Central Texas.

Chesapeake Energy Corp. said Wednesday it is making progress on debt reduction measures nearly three months after warning that low commodity prices could push the company into bankruptcy.

Chesapeake Energy Corp. said Wednesday it is making progress on debt reduction measures nearly three months after warning that low commodity prices could push the company into bankruptcy.

Chesapeake Energy Corp. last week was notified by the New York Stock Exchange (NYSE) that it was not in compliance with continued listing standards and it gave the company the standard six months to remedy the matter before its shares are pulled from the market.