Thursday, April 26, 2012

Reuters: Regulatory News: REFILE-SEC looks at Chesapeake Energy well program-source

Reuters: Regulatory News
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REFILE-SEC looks at Chesapeake Energy well program-source
Apr 26th 2012, 14:29

Thu Apr 26, 2012 10:29am EDT

April 26 (Reuters) - The U.S. Securities and Exchange Commission has opened an informal inquiry into Chesapeake Energy Corp's well participation program with Chief Executive Officer Aubrey McClendon, a source familiar with the matter said on Thursday.

The SEC inquiry is being led by its Fort Worth, Texas, regional office, the source said. The inquiry comes after Reuters exclusively reported about loans McClendon had obtained to participate in a co-investment deal with Chesapeake.

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