DOI Slaps Chesapeake with $765K Fine for Underpaying Royalties

The U.S. Dept. of Interior (DOI) has accused Chesapeake Energy of underpaying oil and gas royalties due to DOI for drilling on federal lands and has slapped Chessy with a $765,000 fine. Chessy says there has been no intentional shorting of royalty payments and if you add up the total amount in question, it's less than $500--little more than a rounding error on the purchase of paperclips for DOI. DOI says Chessy has a history of "inaccurate reporting" when it comes to royalty reporting:

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