Added by John J Interval, P.G, C.P.G. on March 23, 2014 at 10:54pm — No Comments
Ever since billionaire Carl Icahn bought in last year, speculation has been that he would eventually force a sell-off of Chesapeake. He has already forced a number of divestitures including the recent sell of their pipeline, processing and mid-stream divisions. He is almost single-handedly credited with forcing the reluctant resignation of Aubrey McClendon and has a track record of controlling the company's leadership and…Continue
Added by John H on March 23, 2014 at 6:07pm — No Comments
Admittedly the Utica has come with great hype and promise. Upon the release of Ohio’s 2012 production figures, many pundits were disappointed. Seems many are convinced that it has not lived up to its billing. They apparently had hopes for a huge oil bonanza here and were quite disappointed at the purported oil/gas ratios. But is there really enough data to definitively form opinions, and is the data being interpreted correctly? Let the debate…Continue
Joe Drake (Abrahm Lustgarten for Propublica)
This story was co-published with The Daily Beast.
At the end of 2011, Chesapeake Energy, one of the nation's biggest oil and gas companies, was teetering on the brink of failure. Its legendary chief executive officer, Aubrey McClendon, was being pilloried for questionable deals, its stock price was getting hammered and the company needed to raise billions of dollars quickly.
The money could be…Continue
As a mineral rights owner/lessor, do you know how much vent gas is flowing out the wellhead flare stack that relates to production? We have a cost effective reliable solution for monitoring and reporting the vent flare gas that involves wireless technology with a solar powered system for remote well head sites. If you have interest in learning more about this solution, contact me at email@example.com
Added by Jerry Boisvert on March 10, 2014 at 2:34pm — No Comments