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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
02/03/201608:00:00Chesapeake Energy Corporation Provides 2015 Fourth Quarter And...
01/26/201616:33:00MARKET SNAPSHOT: U.S. Stocks End Sharply Higher, Lifted By Oil's...
01/26/201613:55:00MARKET SNAPSHOT: Dow Jumps Nearly 300 Points As Stock Rally Gathers...
01/26/201612:06:00MARKET SNAPSHOT: Dow Up More Than 200 Points As Stock Rally Gathers...
01/26/201612:05:00MARKET SNAPSHOT: Dow Up More Than 200 Points As Stock Rally Gathers...
01/22/201609:39:00U.S. Hot Stocks: Hot Stocks to Watch
01/22/201609:10:00Chesapeake Energy Suspends Dividends on Preferred Stock
01/22/201609:04:00Chesapeake Energy Suspends Preferred Dividends; Will Pay Down...
01/22/201608:00:00Chesapeake Energy Corporation Suspends Quarterly Preferred Stock...
01/20/201610:43:00MARKET SNAPSHOT: Dow Sinks More Than 300 Points As Oil, Asia...
01/14/201617:00:00YPF, American Energy Partners to Develop Argentina Oil, Gas Projects
01/14/201615:41:00Energy Sector's Junk Bonds Continue to Suffer
12/31/201508:00:00Chesapeake Energy Corporation Announces Final Tender Results
12/25/201505:59:00Energy Companies Gird for Weaker Prices in 2016
12/21/201508:00:00Chesapeake Energy Corporation Announces Early Tender Results
12/16/201508:00:00Chesapeake Energy Corporation Announces Initial Early Tender...
12/15/201510:00:00Junk Bonds Rebound After Sharp Selloff
12/15/201503:02:00Chesapeake Energy Works With Advisers To Reduce Debt Load
12/15/201503:00:00Junk-Bond Selloff Intensifies
12/14/201516:10:00Chesapeake Energy Works on a Recovery Plan With Evercore

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