Chesapeake

Bioenergy, Chesapeake Utilities Readying RNG for Delaware Customers

Bioenergy, Chesapeake Utilities Readying RNG for Delaware Customers

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.

June 4, 2020
Chesapeake’s $8.3B Loss Pointing Toward Possible Bankruptcy

Chesapeake’s $8.3B Loss Pointing Toward Possible Bankruptcy

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.

May 11, 2020
More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector

More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector

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.

April 9, 2020
More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector

More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector

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.

April 9, 2020

Chesapeake Confirms Third Fatality from Well Control Incident in Central Texas

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

February 3, 2020

Chesapeake Confirms Third Fatality from Well Control Incident in Central Texas

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

February 3, 2020

Chesapeake Confirms Third Fatality from Well Control Incident in Central Texas

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

February 3, 2020

Chesapeake Energy Reports Progress on Debt Reduction

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.

January 29, 2020

Chesapeake Energy Reports Progress on Debt Reduction

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.

January 29, 2020

Chesapeake Facing Potential Delisting by NYSE

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.

December 16, 2019
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