Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Chesapeake Energy Corporation    CHK

Delayed Quote. Delayed  - 02/24 10:00:32 pm
5.66 USD   -1.57%
02/23 CHESAPEAKE ENER : CHK) Falls on Earnings
02/23DJCHESAPEAKE ENER : Revenue Falls on Cheaper Energy Prices
02/23 CHESAPEAKE ENER : narrows 4Q loss to $343 million
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Chesapeake Energy Corporation : Chesapeake Wyoming well blowout no threat to water: EPA

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2012 | 06:07pm CET

A blow out at a Chesapeake Energy Corp. (CHK.N) well in Wyoming doesn't pose a threat to water supply in the region, and leaking natural gas and drilling mud are being effectively contained, the U.S. Environmental Protection Agency said on Thursday.

"Our understanding is that attempts will be made to seal the actual blow out today," EPA Region 8 spokesman Richard Mylott said in an email.

The loss of well control at a Chesapeake-operated well on Tuesday triggered a leak of unspecified quantities of natural gas and drilling mud, the company said on Wednesday.

The company said it has a crew in place and plans to seal the well as soon as safety conditions permit. A spokesman did not provide further details on Thursday.

Dozens of residents near the well, which is located about 10 miles from Douglas, Wyoming, were evacuated from their homes after the incident. No injuries, explosion or fires have been reported, and air quality readings near the well were "normal" on Wednesday, Chesapeake said earlier.

The EPA has visited the site and determined the incident poses "no current threat to waters in the United States," the EPA's Mylott said.

Chesapeake is "effectively containing the drilling mud and controlling the area for exposure to natural gas," he added in a statement.

An EPA official had told Reuters on Wednesday that a "sheen" had been reported on an irrigation channel and pond near the well.

The cause of the well incident was under investigation.

Oklahoma City-based Chesapeake is the No. 2 U.S. natural gas driller. Wyoming is a key area of drilling expansion for Chesapeake, which holds leases across in the oil and gas-rich Niobrara Shale play that straddles Wyoming and Colorado.

Chesapeake shares fell 0.5 percent to $18.03 on the New York Stock Exchange in Thursday morning trading.

(Reporting by Joshua Schneyer and Selam Gebrekidan;editing by Sofina Mirza-Reid)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHESAPEAKE ENERGY CORPORAT
02/23 CHESAPEAKE ENERGY : CHK) Falls on Earnings
02/23DJCHESAPEAKE ENERGY : Revenue Falls on Cheaper Energy Prices
02/23 CHESAPEAKE ENERGY CORP : Results of Operations and Financial Condition, Regulati..
02/23 CHESAPEAKE ENERGY : narrows 4Q loss to $343 million
02/16 CHESAPEAKE ENERGY : to Boost Drilling Budget, Rig Count
02/15 CHESAPEAKE ENERGY : to boost drilling, rig count in 2017
02/15 CHESAPEAKE ENERGY : to boost drilling budget, rig count
02/15 CHESAPEAKE ENERGY CORPORATION : Blog Coverage Chesapeake Energy to Increase Rig ..
02/14 CHESAPEAKE ENERGY CORPORATION : Provides 2017 Guidance And Operational Update
02/14DJCHESAPEAKE ENERGY : Settles With Estate of Former CEO -- Update
More news
Sector news : Oil & Gas Exploration and Production - NEC
02/24 Canada energy sector sidelined as Big Oil chases fatter profits
02/24 HUSKY ENERGY : Canada's Husky Energy posts fourth quarter profit, partly on asse..
02/24DJDEVON ENERGY : EPA Chief Scott Pruitt's Emails Show Close Ties With Oil and Gas ..
02/24DJDEVON ENERGY : EPA Chief Scott Pruitt's Emails Show Close Ties With Oil and Gas ..
02/24DJDEVON ENERGY : EPA Chief Scott Pruitt's Emails Show Close Ties With Oil and Gas ..
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
02/24 ENERGY RECAP : Your Take On The OPEC Production Cuts
02/24 Chesapeake Energy Cracks On Expected Lines
02/24 Chesapeake Energy upgraded at UBS, maintained Buy at Wunderlich
02/24 WALL STREET BREAKFAST : A Big Wow For The Dow
02/24 CHESAPEAKE : The Market Overreacted
Advertisement
Financials ($)
Sales 2017 9 001 M
EBIT 2017 1 196 M
Net income 2017 591 M
Debt 2017 9 833 M
Yield 2017 -
P/E ratio 2017 8,78
P/E ratio 2018 4,84
EV / Sales 2017 1,65x
EV / Sales 2018 1,38x
Capitalization 5 023 M
More Financials
Chart CHESAPEAKE ENERGY CORPORAT
Duration : Period :
Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
Full-screen chart
Technical analysis trends CHESAPEAKE ENERGY...
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 34
Average target price 7,57 $
Spread / Average Target 34%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
Merrill A. Miller Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHESAPEAKE ENERGY CORP..-18.09%5 023
PACIFIC EXPLORATION AN..--.--%134 098
CONOCOPHILLIPS-5.66%58 134
EOG RESOURCES INC-3.49%55 544
CNOOC LTD-2.80%53 954
OCCIDENTAL PETROLEUM C..-8.40%49 588
More Results