Charges have been filed by Michigan against an Oklahoma-based energy company in what authorities say was a land-leasing scheme.
Michigan Attorney General Bill Schuette on Thursday says he chargedChesapeake Energy Corp. with conducting criminal enterprises and false pretenses.
Schuette's complaint in Cheboygan District Court says land options in northern Michigan were obtained to keep competing companies from leasing. The leases later were canceled when competition for land ended.
The chairman of the state Senate Environmental Resources and Energy Committee, Gene Yaw (R- Bradford) is asking state Attorney General Kathleen Kane to investigate allegations of fraud against Pennsylvania’s biggest natural gas driller, Chesapeake Energy.
A Chesapeake Energy subsidiary agrees to nearly $10 million in fines and restoration work to settle federal allegations over unauthorized discharges of fill material at more than two dozen natural gas extraction sites in West Virginia.
The U.S. Environmental Protection Agency and Department of Justice announced the settlement Thursday.
Oklahoma City-based Chesapeake's subsidiary, Chesapeake Appalachia LLC, will pay a $3.2 million fine and spend $6.7 million on restoration work. It also agreed to implement a plan to follow water protection laws.
The former CEO of SandRidge Energy Inc. and co-founder of Chesapeake Energy Corp. has started a new Oklahoma City energy company.
The Oklahoman reports that Tom Ward's new company, Tapstone Energy LLC, has leased space in an office building downtown. Ward says the company has "a handful of employees" and is looking for more employees and oil and gas properties.
Ward says he is funding the new company himself for now, but that he might consider bringing on other investors.
The newspaper says the lawsuit filed Thursday claims Chesapeake improperly deducted production services and sold natural gas to its affiliates under market price. The lawsuit says that as a result Fort Worth, Arlington and others were underpaid royalties.