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Ward

Chesapeake, Ward Agree to $7M Settlement in Anadarko Basin Antitrust Lawsuit

Thousands of landowners in Oklahoma and Kansas could be compensated if a federal court approves a $6.95 million settlement filed Wednesday to resolve claims that Chesapeake Energy Corp., one of its co-founders and SandRidge Energy Inc. conspired to rig bids and fix prices for oil and gas leases in the Anadarko Basin.

September 6, 2018

Tom Ward Takes Helm of Another E&P

Tom Ward, who co-founded Chesapeake Energy Corp. and then went on to create SandRidge Energy Inc. before being forced out earlier this year, is back in the game with a new Oklahoma City-based exploration and production company.

October 22, 2013

Michigan Reviewing Encana-Chesapeake Allegations

The Michigan Department of Natural Resources (DNR) has begun working with the state’s Attorney General’s Office to review allegations that Chesapeake Energy Corp. and Encana Corp. worked together to avoid competing in state lease auctions two years ago.

June 26, 2012

Producers Urge Congress to Retain Oil, Gas Tax Breaks

Major producers last Thursday tried to ward off a Senate Democratic assault on the billions of dollars of federal oil and gas tax breaks that they currently receive (see NGI, May 9).

May 16, 2011

Transportation Notes

Transwestern declared an OFO for the second day in a row Thursday, saying allocations were being made at the GulfTerra Ward and GulfTerra Waha Pecos delivery points. “In order to preserve the safe and efficient operation of the pipeline…Transwestern has rescheduled volumes to the points to more closely match actual flow rates,” a bulletin board posting said. According to a spokesman, the volumes were reduced by an unspecified amount.

June 10, 2005

Industry Briefs

Shell Trading said that Mark Hanafin, currently CEO of Shell Trading US Co. (STUSCO), will succeed Peter Ward as CEO of Shell Trading Gas & Power Co. and of Coral Energy. Bernard Auplat, currently general manager for ButaGaz, Shell’s liquefied petroleum gas business in France, will succeed Hanafin. Hanafin has worked in a variety of trading and management positions in the UK, Bulgaria and the United States. He will take over his new role in mid-April. Auplat has worked in a variety of supply and trading positions in France, the UK and the Netherlands. He will join STUSCO in June. STUSCO is active both domestically and internationally in the trading of crude oil and refined petroleum products. Coral Energy is the dedicated marketer of Shell’s natural gas production in the United States and Canada, and a major North American gas and power marketing and trading company. Both are based in Houston.

April 14, 2003

Industry Briefs

Shell Trading said that Mark Hanafin, currently CEO of Shell Trading US Co. (STUSCO), will succeed Peter Ward as CEO of Shell Trading Gas & Power Co. and of Coral Energy. Bernard Auplat, currently general manager for ButaGaz, Shell’s liquefied petroleum gas business in France, will succeed Hanafin. Hanafin has worked in a variety of trading and management positions in the UK, Bulgaria and the United States. He will take over his new role in mid-April. Auplat has worked in a variety of supply and trading positions in France, the UK and the Netherlands. He will join STUSCO in June. STUSCO is active both domestically and internationally in the trading of crude oil and refined petroleum products. Coral Energy is the dedicated marketer of Shell’s natural gas production in the United States and Canada, and a major North American gas and power marketing and trading company. Both are based in Houston.

April 10, 2003

Futures Traders Ward Off Drop Below $2.00

The June Nymex contract caused quite a bit of excitement onFriday, as the spot month teased both the bears and the bulls. Juneraised the eyebrows of bearish traders when the contractmomentarily reached a low of $1.99, but strong short coveringkicked in at that point, enough to drive the spot month to itsfinal settlement price of $2.094.

May 26, 1998