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S Korea Inks Pact With BC Canada, Plans to Tap Shale Gas Assets

By Min-Jeong Lee SEOUL--South Korea has signed an initial agreement for energy cooperation with the Canadian province of British Columbia, to help local companies tap Canada's ample shale gas assets, the Ministry of Knowledge Economy said in a release Wednesday. Vice Minister Cho Seok, who is leading a delegation of officials from several South Korean companies including Posco (005490.SE), Samsung C&T Corp. (000830.SE) and SK Gas Co. (018670.SE), will also meet with Royal Dutch Shell PLC (RDSA.LN) and Chesapeake Energy Corp. (CHK) executives to discuss cooperation in resource development, it added. South Korea has been targeting overseas shale gas assets in recent months in a bid to secure energy supplies. Earlier this year, the government set up a task force to study shale gas investment opportunities. In a landmark agreement in May, Mitsubishi Corp. (8058.TO), Korea Gas Corp. (036460.SE) and PetroChina Co. (PTR) announced plans for an "LNG Canada" project, in partnership with Shell, to pipe gas to the Pacific coast, where it would be deep-chilled and exported by sea. Shell has a 40% stake in the project and the three Asian companies 20% each. Write to Min-Jeong Lee at min-jeong.lee@dowjones.com

Stock News for Chesapeake (CHK)
DateTimeHeadline
04/20/201616:01:00Chesapeake Energy Corporation Provides 2016 First Quarter Earnings...
04/12/201602:31:00Business Watch -- WSJ
04/11/201615:23:00Chesapeake Amends Credit Facility Agreement With Lenders -- Update
04/11/201611:05:00MARKET SNAPSHOT: Stocks Extend Gains As Oil Rallies Ahead Of...
04/11/201609:40:00Chesapeake Amends Credit Facility Agreement With Lenders
04/11/201609:25:00Chesapeake Amends Credit Facility Agreement With Lenders
04/11/201608:00:00Chesapeake Energy Corporation Announces Amendment To Revolving...
04/04/201620:02:00EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class...
04/04/201615:56:00Robbins Arroyo LLP: Chesapeake Energy Corporation (CHK) Misled...
03/29/201619:27:00Chesapeake CEO's 2015 Compensation Valued at $15.4 Million, Up...
03/15/201615:40:00MARKET SNAPSHOT: U.S. Stocks Pressured As Weak Oil Offsets Consumer...
03/15/201612:44:00MARKET SNAPSHOT: U.S. Stocks Pare Losses As Consumer Staples...
03/15/201610:44:00MARKET SNAPSHOT: U.S. Stocks Track Oil's Decline As Fed Meeting...
03/15/201609:14:00MARKET SNAPSHOT: U.S. Stock Futures Extend Losses After Mixed...
03/14/201617:45:00Investigation Into Aubrey McClendon Crash Finds High Speeds...
03/14/201616:02:00Investigation Into Aubrey McClendon Crash Finds High Speeds...
03/14/201615:55:00Investigation Into Aubrey McClendon Crash Finds High Speeds...
03/14/201615:48:00Investigation Into Aubrey McClendon Crash Finds High Speeds...
03/14/201615:40:00Aubrey McClendon Crashed at 78 Miles an Hour, Investigation Finds
03/14/201615:40:00Aubrey McClendon Crashed at 78 Miles an Hour, Investigation Finds--3rd...

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