50% Off Deal! Chesapeake Rumored to Shop Eagle Ford for $2B

MDN was the only news source to openly criticize Chesapeake Energy CEO Doug Lawler's purchase of Eagle Ford oil assets in 2018 for $4 billion (see Chesapeake Now Gone from Ohio Utica; Spends $4B in Eagle Ford). When it was announced earlier this week that Lawler is out his job as of today (Friday, April 30), we speculated perhaps one of the reasons for his departure was his colossal misstep in attempting to transform Chesapeake from gas to oil drilling (see Doug Lawler Out as CEO of Chesapeake Energy). We are now vindicated.

---

To view this content, log into your member account. (Not a member? Join Today!)