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HOUSTON U.S. shale producer ChesapeakeEnergy Corp on Tuesday exited Chapter 11 bankruptcy with business plan that nods to its founders’ emphasis on natural gas after a recent push into crude oil.

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  • Who is Chesapeake Energy?

  • Chesapeake, founded in 1989 with an initial investment of $50,000, and has long been known as a major natural gas producer. For the US shale sector, there has been no bigger disruptor than Chesapeake, Alex Beeker, principal analyst at Wood Mackenzie, said in a statement Sunday.

  • When will Chesapeake Energy come out of bankruptcy?

  • Chesapeake Energy will emerge from bankruptcy by the end of the 2021 first quarter. Most of the $7 billion debt extinguished during the restructuring process will be swapped for shares. Debtholders, not stockholders, will drive the company鈥檚 future moving forward.

  • What certifications does Chesapeake Energy Corporation have?

  • We are committed to safely and responsibly producing oil and natural gas. Press Releases Chesapeake Energy Corporation Achieves Grade A MiQ and EO100 鈩?Certification for its Legacy Haynesville Shale Operations Chesapeake Energy Corporation Launches New ESG Site; Enhances Reporting Transparency and Outlines Path for Achieving Climate Goals

  • What happened to Chesapeake Energy鈥檚 Oklahoma City campus?

  • Parts of its spacious, verdant campus in northwest Oklahoma City are now vacant and up for redevelopment ideas. But company leaders say they retained some key assets after the seven-month bankruptcy process in which Chesapeake shed billions of dollars of its debt.

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