Lawler

Chesapeake Looks to Portfolio for Gains As Selling Spree Ends With Utica Divestiture

Chesapeake Energy Corp. CEO Doug Lawler said Wednesday that last week’s $2 billion Utica Shale divestiture “marks the conclusion” of the company’s “strategy of asset sales being the primary driver of debt reduction,” as management plans to lean on other parts of the portfolio and gains from the resurgent Powder River Basin (PRB) to strengthen the balance sheet.

August 1, 2018
Chesapeake Cuts Another 400 Jobs in Cost Cutting Initiative

Chesapeake Cuts Another 400 Jobs in Cost Cutting Initiative

Chesapeake Energy Corp. has cut 13% of its workforce, or 400 employees, as part of ongoing belt tightening at the company, CEO Doug Lawler told staff in an email on Tuesday.

January 30, 2018
Chesapeake CEO Says Company May Part With One of Six U.S. Onshore Holdings

Chesapeake CEO Says Company May Part With One of Six U.S. Onshore Holdings

Chesapeake Energy Corp. CEO Doug Lawler said the independent isn’t currently looking to sell any of its core acreage, but it could conceivably part with one of its “six big powerful assets” where it holds a significant land position.

September 7, 2017
Chesapeake ‘On The Ramp,’ Turning to Oil For Growth

Chesapeake ‘On The Ramp,’ Turning to Oil For Growth

Chesapeake Energy Corp., long a natural gas-focused super independent, is shifting 2017 drilling dollars to oilier assets as it works to reduce debt and strengthen its balance sheet.

May 8, 2017
BP, DCP Execs See More Energy Industry Consolidation Coming

BP, DCP Execs See More Energy Industry Consolidation Coming

It’s only a matter of months before consolidation quickens across the oil and natural gas complex, two top energy veterans told a Denver audience Tuesday at the 27th Annual Rocky Mountain Energy Summit.

August 26, 2015
Commodity Price Downcycle Offers Opportunities, Say BP, DCP Execs

Commodity Price Downcycle Offers Opportunities, Say BP, DCP Execs

Waiting for oil and natural gas prices to strengthen isn’t the way to play the downturn, two top U.S. energy executives said Tuesday at the 27th Annual Rocky Mountain Energy Summit.

August 25, 2015
No Such Thing as ‘Core of the Core,’ Says Chesapeake’s Lawler

No Such Thing as ‘Core of the Core,’ Says Chesapeake’s Lawler

Onshore explorers that boast about holding and developing the “core of the core” won’t find a fan in Chesapeake Energy Corp. CEO Doug Lawler. He doesn’t think there’s any such thing.

June 19, 2014

Chesapeake Quickly Takes on Lawler’s Vision

More than 800 employees lost their jobs this week, with about 640 in Oklahoma City alone.

October 10, 2013

Chesapeake Shrinking, More Layoffs Possible

Chesapeake Energy Corp. is restructuring in more ways than one, with more layoffs expected across the nationwide organization.

September 19, 2013

Two More Anadarko Execs Move to Chesapeake

Two of Anadarko Petroleum Corp.’s operations executives have left the company to join their former Anadarko colleague, Doug Lawler, who took over in June as CEO of Chesapeake Energy Corp.

September 3, 2013
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