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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
09/30/201603:03:00Gas Firm Gets Data Request -- WSJ
09/29/201618:50:00Chesapeake Energy Corporation Announces Pricing And Upsizing...
09/29/201617:28:00INVESTOR ALERT: Goldberg Law PC Announces an Investigation of...
09/29/201617:13:00SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation...
09/29/201615:57:00SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces...
09/29/201615:33:00SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On...
09/29/201615:30:00Chesapeake Energy Reveals Subpoena
09/29/201615:09:00Chesapeake Energy Gets Subpoena Seeking Accounting Information
09/29/201609:51:00U.S. Hot Stocks: Hot Stocks to Watch
09/29/201607:33:00Chesapeake Energy Corporation Announces Private Placement Of...
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

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