ABU DHABI / WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman ...
Read More »Gas pioneer Chesapeake embarks on oil quest to escape junk label
Bloomberg Chesapeake Energy Corp., the No. 2 US natural gas producer, thinks it has a one-word answer to its debt issues: Oil. Chief Executive Officer Doug Lawler is focusing 60 percent of the Oklahoma City-based driller’s 2017 budget on crude oil projects, mostly in South Texas, Oklahoma and Wyoming shale fields. The company plans about 320 new crude wells ...
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