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Stock impact report

Chesapeake Energy nears $2.4 bln deal to buy Chief Oil & Gas -sources [Financial Post (Toronto, Ontario, Canada)]

EQT Corporation (EQT) 
Last eqt corporation earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Financial Post
A deal for Chief Oil & Gas, founded and controlled by Texan ‘wildcatter' Trevor Rees-Jones, could be announced as soon as this week, the sources said. In wildcat drilling, exploration wells are dug in areas not known to be natural resource fields. Alberta restaurant ordered closed for accepting dog photos as proof of vaccination Advertisement The acquisition by Chesapeake, a U.S. shale gas and oil producer that only emerged from bankruptcy just last year, underscores the recovery of parts of the energy industry as natural resource prices surge to multi-year highs. Advertisement Article content The sources, who spoke on condition of anonymity to discuss private information, cautioned that negotiations could still fall apart at the last moment. A Chief Oil & Gas spokesperson declined to comment. Chesapeake did not immediately respond to a request for comment. Reuters reported in October https://www.reuters.com/business/energy/exclusive-chief-oil-gas-explores-sale-more-t Show less Read more
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