Justice Department Probes Chesapeake, Encana

Date : 07/02/2012 @ 4:50PM
Source : Dow Jones News
Stock : Chesapeake Energy Corp. (CHK)
Quote : 4.2215  0.1815 (4.49%) @ 2:08PM

Justice Department Probes Chesapeake, Encana

Chesapeake (NYSE:CHK)
Historical Stock Chart

5 Years : From Sep 2012 to Sep 2017

Click Here for more Chesapeake Charts.

The U.S. Justice Department has opened an investigation into allegations that Chesapeake Energy Corp. (CHK) and Encana Corp. (ECA) colluded over Michigan land deals, Reuters reported Monday, citing a source close to the probe.

Reuters reported last week that top executives at the rival natural-gas companies exchanged emails in 2010 on how to avoid driving up land prices in Michigan.

Spokesmen from the Justice Department and Chesapeake declined to comment to Reuters, while a spokesman at Encana didn't immediately respond to requests for comment.

Full story at http://www.reuters.com/article/2012/07/02/us-chesapeake-land-deals-probe-idUSBRE8 117H20120702

Write to nymonitoring@dowjones.com

Latest CHK Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.