Chesapeake (CHK) and Rival Plotted to Suppress Land Prices
June 25, 2012 at 10:02 AM EDT
Under the direction of CEO Aubrey McClendon, Chesapeake Energy Corp. plotted with its top competitor to suppress land prices in one of America’s most promising oil and gas plays, a Reuters investigation has found. In emails between Chesapeake (CHK) and Encana Corp (ECA), Canada’s largest natural gas company, the rivals repeatedly discussed how to avoid [...]