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Expand Energy Corporation is a natural gas exploration and production company headquartered in Oklahoma City. It was previously known as Chesapeake Energy Corporation. In 2023, the company produced 3,470 MMcf of natural gas per day. [1] As of December 31, 2023, the company had 9,688 Bcf of proved reserves. [1]
It was reported that EIG was the lender of over $1.2 billion worth of personal loans to Aubrey McClendon who ran Chesapeake Energy (Chesapeake) until 2013. These loans were used to finance his personal stake in the oil wells of Chesapeake as well as drilling costs. When this was revelation became public, McClendon was forced to leave the company.
Oklahoma City-based Chesapeake Energy announced Thursday it will merge with Houston's Southwestern Energy Company.. The $7.4 billion transaction will create the largest natural gas producer in the ...
Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. There have been a string of deals in the ...
The guest on this week's nationally syndicated Motley Fool Money radio show is corporate governance expert Nell Minow. It's been an interesting 2012 for Chesapeake Energy CEO Aubrey McClendon.
In 2020, Chesapeake Energy Corporation filed for bankruptcy, and as part of its restructuring plan, it decided to sell some of its assets to pay off its debts. One of the assets that Chesapeake sold was its South Mansfield Haynesville shale acreage, comprising 50,000 net mineral acres, which it sold to Williams Companies, Inc in December 2020. [7]
2003-2007: Chesapeake spends billions to acquire assets in nearly every U.S. major energy field, making it the second-largest domestic producer of natural gas, trailing only Exxon. In 2005 ...
Chesapeake Utilities Corporation is a diversified energy company engaged, directly or through operating divisions and subsidiaries, in regulated and unregulated energy businesses. The Company's common stock began trading on the NASDAQ Exchange in 1985 and on the New York Stock Exchange (currently traded as CPK ) in 1993.