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Reuters provides insight into how Chesapeake Energy’s future muddied by executive departures, strategy shifts

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Reuters took readers on a deep dive into how U.S. oil and gas producer Chesapeake Energy Corp has touted to investors a clean balance sheet, a new board of directors and a promise to restrain spending since emerging from bankruptcy in February. The company has endured a senior management shakeup and, according to sources, its interim CEO has told employees that the company is eyeing acquisitions that could help double its size.

The post Reuters provides insight into how Chesapeake Energy’s future muddied by executive departures, strategy shifts appeared first on Reuters News Agency.

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