Chesapeake Oilfield Services Birth Date: June 17, 2014
Since February we’ve been hearing for Chesapeake Energy that they would either sell or spin-off the Chesapeake Oilfield Services division (see Chesapeake Energy Looks to Dump Oilfield Services Division). In March they decided to spin it off rather than sell it (see Chesapeake Rushes to Spin Off Oilfield Services into New Company). So we’ve heard for quite a while, “it’s coming.” But it hasn’t. Until now. Yesterday Chessy said the date when the new company, which has been renamed to Seventy Seven Energy Inc., will be born on or about June 19th…
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Dear MDN Reader:
Seems that the Developing Unconventional Gas (DUG) East Conference, hosted by Hart Energy this week in Pittsburgh, is generating a lot of news. Unfortunately MDN could not attend DUG East this year. We have, however, done a roundup of interesting and important news from speakers at DUG, including news from CONSOL Energy, Range Resources, the Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (FERC)…