Will Shale Giant Chesapeake Go Bankrupt?
By Tsvetana Paraskova U.S. shale gas pioneer Chesapeake Energy said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options–as the low oil and gas prices weigh heavily on its finances and substantial outstanding debt. Chesapeake Energy—which helped propel the shale gas revolution in the late 2000s with leading positions in the Marcellus, … Read more