U.S. Justice Department investigates Chesapeake Energy Corp., Encana Corp., Reuters says

Chesapeake is facing more scrutiny after a report alleging the oil and natural gas company colluded with a competitor to fix prices in a 2010 Michigan land auction.
Oklahoman Modified: July 2, 2012 at 9:26 pm •  Published: July 3, 2012
Advertisement
;

Chesapeake Energy Corp. is facing additional scrutiny after a report alleging the Oklahoma City-based oil and natural gas company colluded with a competitor to fix prices in a 2010 Michigan land auction. Reuters reported Monday that the U.S. Justice Department is investigating Chesapeake and Canada-based Encana Corp. The news service also reported authorities in Michigan are probing the allegations as well. Chesapeake declined to comment on the report.

From staff reports



Trending Now


AROUND THE WEB

  1. 1
    Best cities to launch a startup
  2. 2
    Drought-stricken California may restrict outdoor water use
  3. 3
    Eva Mendes, Ryan Gosling pregnancy sparks Twitter shock from fans - NY Daily News
  4. 4
    Advocates for blind, deaf want more from Apple
  5. 5
    World Cup Fan Scores Modeling Gig From Cheering
+ show more