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Chesapeake Energy will pay to settle Michigan lease probe

2015-04-24 23:32:59| Energy - Topix.net

Officials say an Oklahoma energy company has pleaded no contest to attempted antitrust violations in Michigan and agreed to pay $25 million to settle claims that it conspired to keep prices down during an auction for oil and gas leases. Michigan Attorney General Bill Schuette says it's a victory for property owners who "took deep hits" in the 2010 auction.

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