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Colorado Officials Brief Californians on Drilling Rules

A Colorado State University (CSU) team led by former Gov. Bill Ritter briefed California’s oil and natural gas officials about how Colorado’s drilling rules that encompass hydraulic fracturing stipulations were able to satisfy environmental concerns — an issue California faces as legislators consider whether to establish a fracking moratorium or not (see Shale Daily, June 28).

July 19, 2012

Two Board Members Ousted from Chesapeake

Chesapeake Energy Corp. shareholders jettisoned two board members up for reelection and approved three shareholder-initiated resolutions at the company’s annual meeting in Oklahoma City, signaling a turning point for the operator’s corporate governance and likely for the future of CEO Aubrey McClendon.

June 11, 2012

Icahn Takes 7.6% Stake in Chesapeake, Wants Four Board Members Out

Until the bell rang on Friday, things appeared to be looking up for Chesapeake Energy Corp.’s management team. Its decision to sell a half million acres in the Denver-Julesburg (DJ) Basin, which previously hadn’t been on the company’s list of publicly disclosed assets to sell, had been praised, with analysts noting that it might fetch up to $1 billion and help the company reach its capital commitment goals this year.

May 29, 2012

Largest Investor Urges Chesapeake to Consider Sale

Chesapeake Energy Corp.’s largest investor on Monday delivered a stinging letter criticizing the board of directors and management team, and urged an outright sale of the company.

May 8, 2012

McClendon Steps Down as Chesapeake Chairman

Chesapeake Energy Corp. on Tuesday stripped co-founder and CEO Aubrey K. McClendon of his title as chairman of the board and said it would name an “independent, nonexecutive chairman in the near future.”

May 2, 2012

Pro-Fracking Documentary Film Exceeds Funding Goal

A Los Angeles-based husband-wife independent filmmaking team said Tuesday they have exceeded their fundraising goal and will continue with production of a pro-hydraulic fracturing (fracking) documentary film, FrackNation, to combat an upcoming sequel to the Oscar-nominated anti-fracking film Gasland by activist Josh Fox. The couple, however, will continue to fundraise for their project, they said.

April 5, 2012

Energy Big Boys Expanding Tetco in Utica

A collection of energy players announced plans Wednesday to expand a major interstate pipeline to accommodate emerging shale gas supplies from Ohio.

December 22, 2011

Encana Finds Innovative Ways to Combat Cost Creep

The management team at unconventional natural gas giant Encana Corp. has raised its cost outlook for both the United States and Canada and said last week the labor and supply markets are as tight as they’ve ever been. However, the company has found some innovative ways to combat costs both in the back office and in the gas patch.

July 25, 2011

Encana Finding Innovative Ways to Combat Cost Creep

The management team at unconventional natural gas giant Encana Corp. has raised its cost outlook for both the United States and Canada and said last week the labor and supply markets are as tight as they’ve ever been. However, the company is fighting back by using cutting edge technology to drill wells in less time and at a lower cost.

July 25, 2011

No Plans to Lift Pennsylvania Forest Drilling Moratorium

Removing a moratorium on new drilling in Pennsylvania state forests is not a priority, the acting secretary of the Department of Conservation and Natural Resources (DCNR) told a state Senate committee during confirmation hearings earlier this month.

May 9, 2011