SandRidge Energy Inc., the U.S. crude producer that ousted its founder Tom Ward in June, received a subpoena in December as part of a probe into potential antitrust violations during the purchase or lease of land, oil or natural gas rights.
Chesapeake Energy Corp., the second- largest U.S. natural gas producer, missed analysts’ profit estimates by the biggest margin in almost two years as energy prices fell and costs to exit leases and cut jobs rose.
Tapstone Energy LLC, the closely held oil and natural gas company founded by former SandRidge Energy Inc. Chief Executive Officer Tom Ward, agreed to buy all of Royal Dutch Shell Plc’s assets in Kansas.
American Energy Partners LP, founded by former Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon, agreed to buy 56,000 acres of drilling leases from Exxon Mobil Corp. and Paloma Partners LLC to become the dominant explorer in the southern Utica Shale.
American Energy Partners LP, the energy company founded by former Chesapeake Energy Corp. CEO Aubrey McClendon, raised as much as $500 million through an affiliate to acquire stakes in U.S. onshore oil and natural gas deposits.
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon was forced to leave the second-largest U.S. natural gas producer under pressure from his two biggest shareholders, said a person with knowledge of the matter.
Chesapeake Energy Corp.’s departing chief executive officer will leave to his successor a shrunken, cash-starved version of what was once the preeminent natural gas producer in the world’s biggest market for the fuel.
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon agreed to sell $88 million of his personal oil and gas interests to investment vehicles created by Wachovia Corp. three weeks after his company used the bank in a similar $600 million deal, a court filing shows.