Chesapeake Energy

Appalachian Methane Initiative Announces 2023 Pilot Program Progress and Metrics; Looks Ahead to 2024

Retrieved on: 
Tuesday, March 19, 2024

The Appalachian Methane Initiative (“AMI”), founded by Chesapeake Energy Corporation, EQT Corporation, and Equitrans Midstream Corporation in January 2023, today announced that it has successfully completed its 2023 pilot methane emissions monitoring program.

Key Points: 
  • The Appalachian Methane Initiative (“AMI”), founded by Chesapeake Energy Corporation, EQT Corporation, and Equitrans Midstream Corporation in January 2023, today announced that it has successfully completed its 2023 pilot methane emissions monitoring program.
  • AMI is a proactive, first-of-its-kind basin-wide initiative designed to further enhance methane emissions monitoring and, ultimately, facilitate additional methane emissions reductions in the Appalachian Basin (“Basin”).
  • 2023 Key Findings from the Pilot Region:
    - For on-pad gas operations, condensate tanks and compressors were among the largest sources.
  • “The Appalachian Methane Initiative is a state-of-the-art example of a successful cooperative and transparent approach to addressing methane emissions from the oil and gas sector.

How Europe Can Win the Energy War With Russia

Retrieved on: 
Friday, March 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

How Europe Can Win the Energy War With Russia

Retrieved on: 
Friday, March 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

Southwestern Energy Schedules Fourth Quarter Earnings Release Date for February 22, 2024

Retrieved on: 
Thursday, February 15, 2024

Southwestern Energy Company (NYSE: SWN) today announced the Company will release fourth quarter financial results on February 22, 2024 after market close, which will be available on Southwestern’s website at www.swn.com .

Key Points: 
  • Southwestern Energy Company (NYSE: SWN) today announced the Company will release fourth quarter financial results on February 22, 2024 after market close, which will be available on Southwestern’s website at www.swn.com .
  • Due to the pending merger with Chesapeake Energy Corporation, Southwestern will not host a conference call or webcast to discuss fourth quarter 2023 results.

Sage Geosystems Raises $17 Million in Series A, Announces World’s First Commercial Geopressured Geothermal System (GGS) Facility

Retrieved on: 
Thursday, February 15, 2024

The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will be built in Texas.

Key Points: 
  • The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will be built in Texas.
  • The 3MW commercial facility, called EarthStore™, will use Sage Geosystems’ innovative technology that harvests energy from pressurized water stored deep underground.
  • “The first close of our Series A funding and our commercial facility are significant milestones in our mission to make Geopressured Geothermal System (GGS) technologies a reality,” said Cindy Taff, CEO of Sage Geosystems.
  • In 2023, Sage Geosystems successfully demonstrated the EarthStore™ system in a full-scale commercial pilot project in Texas.

CHESAPEAKE ENERGY CORPORATION, DELFIN LNG AND GUNVOR SIGN LONG-TERM LNG LIQUEFACTION OFFTAKE AGREEMENT INDEXED TO JAPAN KOREA MARKER

Retrieved on: 
Tuesday, February 13, 2024

OKLAHOMA CITY, Feb. 13, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, "Chesapeake"), Delfin LNG LLC ("Delfin") and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd ("Gunvor"), today announced the entrance into a liquefied natural gas (LNG) export deal that includes executed Sales and Purchase Agreements ("SPA") for long-term liquefaction offtake.

Key Points: 
  • OKLAHOMA CITY, Feb. 13, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, "Chesapeake"), Delfin LNG LLC ("Delfin") and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd ("Gunvor"), today announced the entrance into a liquefied natural gas (LNG) export deal that includes executed Sales and Purchase Agreements ("SPA") for long-term liquefaction offtake.
  • These volumes will represent 0.5 mtpa of the previously announced up to 2 mtpa HOA with Gunvor.
  • We are pleased to formalize our agreement which provides diversification and access to global LNG pricing while enabling the delivery of affordable, reliable, lower carbon energy to markets in need."
  • Dudley Poston, Delfin CEO, said: "We are excited to partner with a premier company like Chesapeake.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates SWN, SOLO, XOS, CHK

Retrieved on: 
Saturday, February 10, 2024

If you are a Southwestern shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Southwestern shareholder, click here to learn more about your rights and options .
  • If you are an ElectraMeccanica shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Chesapeake Utilities to Host its Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast on February 22, 2024

Retrieved on: 
Wednesday, February 7, 2024

DOVER, Del., Feb. 6, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 22, 2024 at 8:30 a.m.

Key Points: 
  • DOVER, Del., Feb. 6, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 22, 2024 at 8:30 a.m.
  • ET to discuss the Company's financial results for the fourth quarter and full year ended December 31, 2023.
  • To listen to the Company's conference call via live webcast, please visit the Events & Presentations section of the Investors page on www.chpk.com.
  • Please note that Chesapeake Utilities Corporation is not affiliated with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.

CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS CONFERENCE CALL INFORMATION

Retrieved on: 
Tuesday, February 6, 2024

OKLAHOMA CITY, Feb. 6, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2023 fourth quarter and full year operational and financial results after market close on Tuesday, February 20, 2024.

Key Points: 
  • OKLAHOMA CITY, Feb. 6, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2023 fourth quarter and full year operational and financial results after market close on Tuesday, February 20, 2024.
  • A conference call to discuss the results has been scheduled on Wednesday, February 21, 2024 at 9:00 am EST.
  • The telephone number to access the conference call is 1-888-317-6003 / INT TOLL: 1-412-317-6061, passcode 8453967.
  • Headquartered in Oklahoma City, Chesapeake Energy Corporation is powered by dedicated and innovative employees who are focused on discovering and responsibly developing leading positions in top U.S. oil and gas plays.

Leading Restructuring Advisor Whitney C. Fogelberg Joins C Street Advisory Group as Managing Director

Retrieved on: 
Monday, February 5, 2024

C Street Advisory Group, LLC (“C Street”), the premier strategy and communications firm that provides sophisticated advice to clients across restructurings, liability management transactions, crises and reputation management, and corporate positioning, today announced that renowned restructuring advisor Whitney C. Fogelberg has joined its strategic communications practice as a Managing Director.

Key Points: 
  • C Street Advisory Group, LLC (“C Street”), the premier strategy and communications firm that provides sophisticated advice to clients across restructurings, liability management transactions, crises and reputation management, and corporate positioning, today announced that renowned restructuring advisor Whitney C. Fogelberg has joined its strategic communications practice as a Managing Director.
  • She joins C Street from the global law firm of Kirkland & Ellis LLP, where she served as a Partner in the Restructuring Group.
  • Her expertise and network of relationships will ignite C Street’s monumental expansion in the areas of restructuring and crisis communications.
  • “I'm excited to jump in with the entire C Street team to deliver for our clients in special situations,” said Fogelberg.