City

Chesapeake Energy Corp.’s second-largest investor Carl Icahn has increased his stake in the Oklahoma City-based operator to 8.98% from 7.6%, according to a regulatory filing by the company. The activist investor earlier this year pushed for governance changes, including replacing Aubrey McClendon as chairman. Icahn was instrumental in shaking up the board of directors and appointed an associate, Vincent J. Intrieri, as one of four new members (see NGI, June 25).

The city of Boston’s aging urban natural gas pipeline infrastructure is rife with leaks, according to a new study by researchers working together from Boston and Duke universities.

Chesapeake Energy Corp.’s second-largest investor Carl Icahn has increased his stake in the Oklahoma City-based operator to 8.98% from 7.6%, according to a regulatory filing by the company. The activist investor earlier this year pushed for governance changes, including replacing Aubrey McClendon as chairman. Icahn was instrumental in shaking up the board of directors and appointed an associate, Vincent J. Intrieri, as one of four new members (see Daily GPI, June 22).

Although it will take another year or more to fully assess the value, Rapid City, SD-based Black Hills Corp. is staking a lot of its long-term oil and natural gas value on its Mancos Shale acreage in both the Piceance and San Juan Basins, CEO David Emery said during a 3Q2012 earnings conference call Thursday.

One of SandRidge Energy’s largest investors, hedge fund TPG-Axon Capital, is calling on the Oklahoma City-based exploration and production company to replace its CEO, realign its board of directors and consider the possible sale of the company.

Gulfport Energy Corp. has spud some of the largest producing wells in the Utica Shale to date, and the play continues to be the Oklahoma City-based operator’s “primary focus area,” according to CEO James Palm.

Gulfport Energy Corp. has spud some of the largest producing wells in the Utica Shale to date, and the play continues to be the Oklahoma City-based operator’s “primary focus area,” according to CEO James Palm.

One of SandRidge Energy’s largest investors, hedge fund TPG-Axon Capital, is calling on the Oklahoma City-based exploration and production company to replace its CEO, realign its board of directors and consider the possible sale of the company.

Hurricane Sandy, which dealt a heavy blow to New York City and portions of the eastern seaboard, spared Spectra Energy Corp. operations in the area, company officials said during a conference call with analysts Thursday morning.