KGOU

Tom Ward

Signage at Chesapeake Energy's Oklahoma City campus.
Brian Hardzinski / KGOU

For the second time in as many weeks, Oklahoma City-based Chesapeake Energy found a buyer for thousands of leasehold acres, and analysts are reacting positively to the transaction.

Chesapeake already sold about 40,000 profitable acres in northern Louisiana, so it wasn’t a surprise when the company announced this week it found a buyer for another swath of land in the Haynesville Shale.

Provided

Oklahoma City-based SandRidge Energy fired its founder, chairman, and CEO Wednesday. The board voted to replace Tom Ward with Chief Financial Officer James Bennett.

Ward founded the company in 2006 after leaving Chesapeake Energy - another Oklahoma City energy giant he helped start.