Chesapeake Energy Targeted by Regulators over Encana Collusion – ValueWalk Premium
Chesapeake Energy earnings

Chesapeake Energy Targeted by Regulators over Encana Collusion

 

Encana Corporation (TSE:ECA) announced earlier today that it would begin an investigation into accusations that there was collusion between it and Chesapeake Energy Corporation (NYSE:CHK). The accusations of collusion came from a Reuters investigation. The authors claimed to have had access to emails between executives in the companies.

The collusion levelled at the firms centres around the leasing of land in Michigan in 2010. The emails . . .

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