Share “Chesapeake, Encana near settlements on...”

Chesapeake, Encana near settlements on Michigan collusion probe

www.reuters.com Published: February 26, 2014
Advertisement

Chesapeake Energy Corp. and Encana Corp. are negotiating civil settlements with the state of Michigan to try to end its criminal investigation into whether the energy companies colluded to keep oil and gas lease prices artificially low in the state, Reuters reports.



Encana and Chesapeake have been the subject of state and U.S. Department of Justice antitrust probes since 2012, when Reuters published an investigation showing the companies' executives exchanged emails to discuss how they could cooperate to suppress lease prices in the state.

See this story on www.reuters.com

AROUND THE WEB

  1. 1
    Watch Oklahoma's top mental health officer dress, dance as Michael Jackson
  2. 2
    Tahlequah police tighten patrols in response to high-profile cases of violence toward officers
  3. 3
    I-40 westbound closed in east OKC due to trailer fire
  4. 4
    Hearing for indicted Rogers County commissioner moved to next week
  5. 5
    Oregon judge refuses to perform same-sex marriages, cites First Amendment right to religious freedom
+ show more

FEATURED JOBS



× Trending energy Article