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Chesapeake Energy: Justice Department Conducting Antitrust Investigation

By Angel Gonzalez HOUSTON--Chesapeake Energy Corp. (CHK) said Thursday that the U.S. Department of Justice is conducting an antitrust investigation into its oil and gas leasing activities. The disclosure comes in the wake of a Reuters report in June that said the company may have colluded with rival Encana Corp. (ECA) while bidding for oil and gas leases in Michigan. Chesapeake said in a quarterly filing with the U.S. Securities and Exchange Commission that the Midwest Field Office of the Department's Antitrust Division had requested documents from the company for a grand jury investigation of possible violation of antitrust laws. Chesapeake said it also has received demands from state governmental agencies related to other investigations of its oil and gas rights leases and purchases. "Chesapeake intends to provide information in response to these investigations, and its Board of Directors is conducting an internal review of the matter," the company said in the filing. Write to Angel Gonzalez at angel.gonzalez@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Chesapeake (CHK)
DateTimeHeadline
09/28/201619:20:00Carl Icahn Cuts Stake in Transocean
09/27/201607:00:00Chesapeake Energy Corporation Announces Final Results Of Cash...
09/19/201618:49:00Carl Icahn Sells More Than Half of Chesapeake Stake -- Update
09/19/201618:10:00Carl Icahn Sells More Than Half of Chesapeake Stake
09/19/201618:03:00Carl Icahn Sells More Than Half of Chesapeake Stake
09/18/201621:00:00Oklahomans Turn Out for Auction of McClendon's Wines
09/18/201616:49:00Oklahomans Turn Out for Auction of Aubrey McClendon's Wines
09/13/201607:00:00Chesapeake Energy Corporation Announces Final Results Of Cash...
09/13/201607:00:00Chesapeake Energy Corporation Announces Extension Of Expiration...
09/10/201603:02:00France's Total Expands in Texas -- WSJ
09/09/201614:50:00France's Total Buys Bigger Piece of Barnett Shale in Texas...
09/09/201614:46:00Correction to Total Barnett Shale Story
09/09/201604:20:00France's Total Takes Control of Barnett Shale in Texas
09/09/201604:09:00France's Total Takes Control of Barnett Shale in Texas -- Update
09/09/201603:11:00Total to Acquire Chesapeake's 75% of Barnett Shale
09/09/201603:02:00Pipeline-Deal Pursuit Ends -- WSJ
09/08/201619:46:00Enterprise Products Withdraws Its Interest in Williams -- 4th...
09/08/201618:42:00Enterprise Products Withdraws Its Interest in Williams -- 3rd...
09/08/201618:22:00Enterprise Products Withdraws Its Interest in Williams -- 2nd...
09/08/201617:37:00Enterprise Products Withdraws Its Interest in Williams -- Update

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