Text Size:
A | A

Chesapeake Files For Possible Spin-off Of Oilfield Services Business

Text Size: A | A
Business Wire
March 17, 2014

Chesapeake Energy Corp. (NYSE: CHK) announced that Chesapeake Oilfield Operating LLC (COO), its wholly owned subsidiary, has filed a registration statement on Form 10 with the U.S. Securities and Exchange Commission. COO currently conducts the operations of Chesapeake’s oilfield services division, Chesapeake Oilfield Services (COS).

The Form 10 contains a preliminary information statement about the potential terms and conditions of a spin-off of COO to Chesapeake Energy Corp. shareholders. It also provides initial information regarding COO as a stand-alone company, including financial, business, risk factor and management information. Immediately prior ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription