Chesapeake's (CHK) McClendon Will Address Investors Following Long 'Rest'; Focus is on Permian Assets
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Is Natural Gas Ready to Retest $3?
September 6, 2012 11:03 AM EDTUnited States Natural Gas ETF (NYSE: UNG) was trading slightly higher prior to the release of inventory data by the EIA. Stockpiles rose 28 bcf last week, slightly less than analyst estimates of 33 bcf. Following the release of the data, natural gas futures were little changed,... More
Chesapeake Energy (CHK) Announces Reconstituted Board: Dunham Named Chairman
June 21, 2012 9:02 AM EDTChesapeake Energy Corporation (NYSE: CHK) today announced the appointment of five new independent directors to its reconstituted nine-member Board of Directors.
Archie W. Dunham, former Chairman of ConocoPhillips and former Chief Executive Officer of Conoco, has been appointed by the Board as Chesapeakes new independent Non-Executive Chairman. Mr. Dunham has had no previous relationship with Chesapeake. Aubrey K. McClendon has relinquished the position of Chairman but remains a Director and will continue to serve as Chesapeakes Chief Executive Officer and as President.
Chesapeakes Board also appointed four other new independent directors: three proposed by Southeastern Asset Management... More
UPDATE: Chesapeake (CHK), McClendon Agree to Early Termination of Founder Well; Board to Name New Chairman
May 1, 2012 9:03 AM EDT(Updated - May 1, 2012 9:08 AM EDT)
Chesapeake (NYSE: CHK) today announced that its Board of Directors has renegotiated the terms of the company's Founder Well Participation Program (FWPP) with Chairman and Chief Executive Officer Aubrey K. McClendon to provide for the early termination of the FWPP on June... More
