Drill Bits: Chesapeake Sells Off Assets Before Shareholder Meeting
- Chesapeake Energy is selling off its midstream assets – that’s pipelines to the non-energy person – for $4 billion. It’s the latest in a long line of sell-offs, as the debt-ridden company tries to raise cash. (Bloomberg)
- A reminder: we will be liveblogging Chesapeake’s annual shareholders meeting this morning, along with our partners at StateImpact Oklahoma. Check the site at 11 to follow along. It will be worth the visit, since Reuters is predicting “fireworks” at the meeting.
- If you missed it yesterday, we compared Pennsylvania’s doctor confidentiality restrictions to three other states that have passed fracking disclosure laws or regulations within the past six months. Our conclusion: Colorado, Texas, Pennsylvania and Ohio all have near-identical requirements.