Rejecting what it called an “inaccurate and misleading article,” Chesapeake Energy Corporation struck back at the New York Times. In this past Sunday’s edition, the Times accused the Chesapeake of exaggerating the productivity of shale gas wells and industry reserve estimates of future well performance. Aubrey K. McClendon, Chesapeake’s Chief Executive Officer, commented, “Chesapeake stands [...]
Environmentalists are ramping up their opposition to the shale gas developments in British Columbia’s northeast after successful campaigns that led to a moratorium in Quebec and a public inquiry by the U.S. Environmental Protection Agency. “They have chosen this as the next hill they want to go to, as far as having an argument over [...]
Royal Dutch Shell Plc and Devon Energy Corp. may join Exxon Mobil Corp. as buyers of U.S. shale- gas producers or projects, the chief executive officer of gas developer Range Resources Corp. said. Range Resources CEO John Pinkerton said in an interview yesterday his company may be a partner or target for oil companies, like [...]
