Post Tagged with: "Chesapeake Energy"

Source: API

Gas Giant: the Stars Align for the Haynesville Shale

Oil & Gas Publishers Note 3/7/2020: The Haynesville Shale continues to be a steady producer. With the recent decline in rig counts the Haynesville has even added one last week. Keep up to date on the rig counts at the

March 7, 2020 - 11:56 am Exploration and Production (E&P)
Source: Reuters/Richard Brian

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

Reuters


At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana’s Haynesville shale basin, Dallas Cowboys’ owner Jerry Jones’ Comstock Resources (CRK.N) is picking up cheap assets, betting on the …

Source: dallasnews.com

Exclusive: Comstock in talks to buy Chesapeake’s Haynesville assets – sources

Reuters


Dallas Cowboys owner Jerry Jones’ Comstock Resources is in talks to buy Chesapeake Energy Corp’s Haynesville shale assets in Louisiana, according to two people familiar with the matter.

A deal could be worth more than $1 billion, one …

Chesapeake Energy raises ‘going concern’ doubts

Chesapeake Energy raises ‘going concern’ doubts

Source: Reuters


(Reuters) – Chesapeake Energy Corp , once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.

Shares of …

Source: API

Gas Giant: the Stars Align for the Haynesville Shale

Oil & Gas Publishers Note 3/7/2020: The Haynesville Shale continues to be a steady producer. With the recent decline in rig counts the Haynesville has even added one last week. Keep up to date on the rig counts at the

Chesapeake Energy, Fracing Pioneer, Bet on Oil. Then Prices Plunged

Chesapeake Energy, Fracing Pioneer, Bet on Oil. Then Prices Plunged

From The Wall Street Journal

Chesapeake Energy Corp. CHK +3.58% , best known for its trailblazing pursuit of natural gas from shale formations, is making a big bet on the oil below the rolling grasslands of eastern Wyoming.

Its timing …

Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Chesapeake Energy (stock ticker: CHK) has signed up with Hi-Crush Partners LP (stock ticker: HCLP) for a new, long-term frac sand supply agreement for the in-basin purchase of Northern White frac sand to support Chesapeake’s completions program in the Marcellus

Heard on the Call: Chesapeake Energy, Anadarko Petroleum

Heard on the Call: Chesapeake Energy, Anadarko Petroleum

During the Q2 conference calls this week, some enlightening comments were made by oil and gas company CEOs.

Chesapeake Energy (NYSE:CHK) CEO Doug Lawler examines 2019 goals

Q: Can you talk about 2019 and what the broad parameters of …

Courtesy of Chesapeake

Chesapeake: PRB is the New Growth Engine

Chesapeake Energy Corporation (NYSE:CHK) reported financial and operational results for the 2018 second quarter.

Highlights

  • Net loss available to common stockholders of $40 million, or $(0.04) per diluted share
  • Adjusted net income attributable to Chesapeake of $139 million, or $0.15
Courtesy of Chesapeake

Chesapeake “Reinvents the Utica”

Chesapeake Energy Corporation (ticker: CHK) reported net income available to common stockholders of $268 million, or $0.29 per share for Q1 of 2018. Chesapeake’s average daily production for the first quarter of 2018 was approximately 554,000 BOE, compared to approximately …

Chesapeake Energy Sells Second Haynesville Position for $465 Million

Chesapeake Energy Sells Second Haynesville Position for $465 Million

Combined Haynesville divestitures have raised $915 million for Chesapeake Energy

Oklahoma City-based Chesapeake Energy (ticker: CHK) announced Tuesday that the company has signed an agreement to sell the second of two non-core positions in the Haynesville. The northern Louisiana assets …

Chesapeake Selling First of Two Haynesville Positions for $450 Million

Chesapeake Selling First of Two Haynesville Positions for $450 Million

Haynesville transaction takes tally to $2 billion in gross divestitures in 2016 for Chesapeake Energy

Oklahoma City-based Chesapeake Energy Corp. (ticker CHK) announced that the company signed an agreement to sell a portion of its Haynesville shale acreage and producing …

Chesapeake’s 25,000-Ton Monster Frac and U.S. Silica’s 19,000-Ton Sand Shipment Set Records

Chesapeake’s 25,000-Ton Monster Frac and U.S. Silica’s 19,000-Ton Sand Shipment Set Records

Monster fracs, superlaterals are here to stay

Remember when that kid you didn’t like in middle school used to tell you to ‘go pound sand’? Somebody who later became a petroleum engineer has heeded that advice and began to work …

Chesapeake Energy Upsizes Private Placement to $1.1 Billion

Chesapeake Energy Upsizes Private Placement to $1.1 Billion

Chesapeake Energy upsizes debt offering from $850 million

Chesapeake Energy (ticker: CHK) announced last week that it has upsized its private placement to $1.1 billion from an original amount of $860 million of aggregate principal amount. The offer is for …

Total Becomes 100% Owner of Chesapeake’s Barnett Assets for $420 Million

Total Becomes 100% Owner of Chesapeake’s Barnett Assets for $420 Million

Total exercises its preemption rights for 100% ownership of Barnett Shale assets

French oil-major Total (ticker: TOT) announced that it will exercise its preemption right to acquire the remaining 75% interest in its jointly held Barnett Shale operations in North …

Continental Continues to Core Up

Continental Continues to Core Up

Continental divests North Dakota and Montana assets for $222 million

Continental Resources (ticker: CLR) announced the sale of non-core assets today for $222 million. The assets include 68,000 net acres in North Dakota and 12,000 net acres in Montana with …

August 19, 2016 - 11:40 am Closing Bell Story‎, Oil and Gas 360 Articles
$500 Million STACK Sale to Newfield Bumps Chesapeake to $1.2 Billion in Proceeds from Divestitures in 2016

$500 Million STACK Sale to Newfield Bumps Chesapeake to $1.2 Billion in Proceeds from Divestitures in 2016

Chesapeake Reports Q1 2016

Chesapeake Energy Corporation (ticker: CHK) reported its Q1 financial and operational results. Highlights follow:

  • Signed agreement to sell approximately 42,000 net acres prospective for the STACK play in Oklahoma for approximately $470 million; includes current production
Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon, who was co-founder (with Tom Ward) of Chesapeake Energy (ticker: CHK; CHK.com), died in a one-car crash in rural Oklahoma early morning March 2, 2016.

A maverick in America’s shale oil and gas industry, he will be …

Chesapeake Energy Reports Year-End and Fourth Quarter 2015 Results

Chesapeake Energy Reports Year-End and Fourth Quarter 2015 Results

Commodities price drop results in $14.856 billion net loss for 2015; focus on completions in 2016; targeting to put 330-370 wells on production in 2016; divestitures continue

Chesapeake energy has been a beacon of attention recently in the oil and …

Sage Grouse Kept Off Endangered Species List

Sage Grouse Kept Off Endangered Species List

Ranchers, energy producers, environmentalists, Feds and 11 Western States cooperated on ways to keep bird’s habitat in tact

The U.S. Bureau of Land Management (BLM) announced today that it will not put the greater sage grouse under the protection of …

September 22, 2015 - 5:38 pm Oil and Gas 360 Articles
Chesapeake Energy Erases Dividend, Sells Non-Core Properties in Cost-Cutting Moves

Chesapeake Energy Erases Dividend, Sells Non-Core Properties in Cost-Cutting Moves

Chesapeake Energy (ticker: CHK), the second largest producer of natural gas in the United States, altered its financial strategy via a company news release on July 21, 2015. The announcement included a handful of cash-saving moves, ranging from internal budget …

Chesapeake Energy, Devon Unveil Type Curves for Powder River Basin

Chesapeake Energy, Devon Unveil Type Curves for Powder River Basin

New Designs Deliver Big Results

The Powder River Basin of Wyoming has traditionally been exploited for its coal resources and coalbed methane gas opportunities. Increased knowledge and improved execution from the oil and gas industry has changed that perception.

The …

American Energy Partners Subsidiary Settles Lawsuit with Chesapeake

American Energy Partners Subsidiary Settles Lawsuit with Chesapeake

Not Supported by AEP Founder McClendon

The latest chapter of the Aubrey McClendon/Chesapeake (ticker: CHK) saga has closed. For now.

On April 14, 2015, a subsidiary of American Energy Partners (AEP) agreed to hand over 6,000 acres in Ohio and …

Source: WPX

Southwestern Energy Expands Acreage in Marcellus

Southwestern announced yesterday the addition of 46,700 net acres to its expanding Marcellus play.

Southwestern Energy Company (ticker: SWN) released a statement yesterday saying that it has signed an agreement to purchase oil and gas assets, including approximately 46,700 net …

December 3, 2014 - 4:26 pm Mergers & Acquisitions, Oil and Gas 360 Articles
Marcellus/Utica Giant Sells $5.4 Billion in Properties to Southwestern Energy

Marcellus/Utica Giant Sells $5.4 Billion in Properties to Southwestern Energy

Chesapeake Energy (ticker: CHK), a pioneer in the Marcellus/Utica region, announced the sale of $5.375 billion in regional assets to Southwestern Energy (ticker: SWN) in the early morning hours on October 16, 2014. Per the terms of the deal, Southwestern …

October 16, 2014 - 5:53 pm Mergers & Acquisitions, Oil and Gas 360 Articles