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Pennsylvania sues gas driller over 'deceptive' leases
2015-12-09 23:10:03| Oil & Gas - Topix.net
Pennsylvania's attorney general sued one of the nation's largest producers of natural gas on Wednesday over claims it cheated at least 4,000 landowners who signed drilling leases with the company. Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing one-sided leases in the early years of the Marcellus Shale drilling boom and then improperly deducted certain post-production expenses from their royalty checks, according to the lawsuit filed in Bradford County.
Tags: gas
pennsylvania
leases
deceptive
Pennsylvania sues gas driller over 'deceptive' leases
2015-12-09 23:03:57| Energy - Topix.net
Pennsylvania's attorney general sued one of the nation's largest producers of natural gas on Wednesday over claims it cheated at least 4,000 landowners who signed drilling leases with the company. Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing one-sided leases in the early years of the Marcellus Shale drilling boom and then improperly deducted certain post-production expenses from their royalty checks, according to the lawsuit filed in Bradford County.
Tags: gas
pennsylvania
leases
deceptive
Pennsylvania sues gas driller over 'deceptive' leases
2015-12-09 22:42:22| Paper - Topix.net
Pennsylvania's attorney general sued one of the nation's largest producers of natural gas on Wednesday over claims it cheated at least 4,000 landowners who signed drilling leases with the company. Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing one-sided leases in the early years of the Marcellus Shale drilling boom and then improperly deducted certain post-production expenses from their royalty checks, according to the lawsuit filed in Bradford County.
Tags: gas
pennsylvania
leases
deceptive
Small-Cap Driller Gastar Exploration Is Taking Advantage Of The Downturn, But There's A Catch
2015-10-20 01:14:31| Logistics - Topix.net
However, the company may find itself in a tight corner if it fails to sell assets and oil prices remain subdued. It's been a tough year for oil producers who've seen their stocks decline by an average of nearly 18% this year, as per SPDR S&P Oil & Gas Exploration & Production ETF , but it's been particularly hard for small-cap producers.
Tags: taking
advantage
catch
exploration
Driller Samson Resources files for bankruptcy
2015-09-18 10:38:44| Oil & Gas - Topix.net
Oil and gas driller Samson Resources Corp. filed for bankruptcy in Delaware on Wednesday night, undone by a collapse in energy prices and billions in debt that KKR & Co. and other investors piled on to fund a 2011 takeover.
Tags: resources
files
bankruptcy
samson