Chesapeake

Chesapeake Energy Corp. has sold its massive Oklahoma asset position to Tapstone Energy LLC for $130.5 million.  Both Oklahoma City producers reached a deal after Tapstone successfully bid for the assets during a bankruptcy auction last week. Tapstone had been selected as the stalking horse bidder last month, when the U.S. Bankruptcy Court for the…

A court has authorized Chesapeake Energy Corp. to sell its Midcontinent assets and approved procedures to get the process started.  Under an order issued by the U.S. Bankruptcy Court for the Southern District of Texas, Chesapeake has until Oct. 22 to designate a stalking horse bidder that would set the bar for the value and…

Chesapeake Utilities Corp. (CPK), headquartered in Dover, Delaware with 240,000 customers from Florida, Ohio, Pennsylvania, and the Delmarva Peninsula across its subsidiaries, announced another partnership in the hopes of expanding renewable natural gas (RNG) options for its customers. This time, CPK is partnering with CleanBay Renewables Inc, an enviro-tech company focused on sustainable RNG production. …

Developer of facilities that create renewable energy and soil products, Bioenergy Devco (BDC) said Thursday it has an agreement with Chesapeake Utilities Corp. (CPK) to produce renewable natural gas (RNG) for its customers on Delaware’s Delmarva Peninsula.

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.