Share “Michigan firm sues Chesapeake Energy and...”

Michigan firm sues Chesapeake Energy and Encana Corp.

by Adam Wilmoth Published: February 26, 2013
Advertisement

The lawsuit includes email exchanges the company claims show Chesapeake and Encana executives discussing which counties each company would bid on.

After nine days of email exchanges, Chesapeake Vice President Doug Jacobson told Encana vice president John Schopp “we are basically good with the county split you've proposed,” and urged quick action to keep “acreage prices from continuing to push up,” according to the lawsuit.

In another email, Chesapeake CEO Aubrey McClendon told top Chesapeake and Encana executives, it “looks like NorthStar wants us to bid against each other next week, let's decide who should handle that one.”

The U.S. Justice Department and Michigan's attorney general also are investigating Chesapeake and Encana for possible antitrust violations.

CONTRIBUTING: Paul Monies, Business Writer

by Adam Wilmoth
Energy Editor
Adam Wilmoth returned to The Oklahoman as energy editor in 2012 after working for four years in public relations. He previously spent seven years as a business reporter at The Oklahoman, including five years covering the state's energy sector....
+ show more


AROUND THE WEB

  1. 1
    Oklahomans for Equality to establish Cub Scouts pack
  2. 2
    Tulsa man accused of killing the father of his ex-girlfriend's child bound for jury trial
  3. 3
    WPX Energy CEO gives U.S. Senate hearing testimony supporting end of crude oil export ban
  4. 4
    I Heart My Hometown: #Postcard Project
  5. 5
    $6 million bill for Obama's Africa trip, $22,759 for copiers, $6,026 for 'basic voice phones'
+ show more