Extensive

Following “extensive discussions” with two of its largest shareholders, Chesapeake Energy Corp. on Monday announced that four existing independent directors would resign from the board. The company also has put up for sale 337,481 net acres in its prized Utica/Point Pleasant Shale, which would give it less than one million acres in the play.

Noble Inc., one of the biggest offshore drilling contractors in the world, is updating its extensive global drilling suite to meet the needs of its clients, a do-over of a strategy from the late 1990s, when offshore rigs were merely upgraded, CEO David Williams said last week.

Noble Inc., one of the biggest offshore drilling contractors in the world, is updating its extensive global drilling suite to meet the needs of its clients, a do-over of a strategy from the late 1990s, when offshore rigs were merely upgraded, CEO David Williams said Thursday.

TransCanada Corp.’s extensive infrastructure in Canada could be expanded and transformed with options to convert part of its natural gas mainline pipeline to carry crude oil and its western assets growing to include a possible interest in facilities for liquefied natural gas (LNG) exports, CEO Russ Girling said last week.

TransCanada Corp.’s extensive infrastructure in Canada could be expanded and transformed with options to convert part of its natural gas mainline pipeline to carry crude oil and its western assets growing to include a possible interest in facilities for liquefied natural gas (LNG) exports, CEO Russ Girling said during a conference call with financial analysts Friday.

Nexen Inc. has made good on a promise to find a joint venture (JV) partner by the end of this year for its extensive shale acreage in northeastern British Columbia (BC) after agreeing to sell a 40% stake for C$700 million to a consortium led by Japan’s Inpex Corp.

Extensive rain and flooding have hampered MDU Resources Group Inc.’s operations and delayed growth activity in key producing states in the Rocky Mountain region, including the Bakken Shale, to such an extent that the company is lowering its 2011 natural gas and oil production forecasts.

Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and produced record sales volumes from its U.S. onshore and overseas operations.

Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and on Tuesday reported record sales volumes from its U.S. onshore and overseas operations.