Exclusive: Shale gas pioneer Chesapeake Energy taps restructuring advisers – sources

The Oklahoma City-based company, which was co-founded by late wildcatter Aubrey McClendon, was struggling with its debt pile of roughly $9 billion even before an oil price war between Saudi Arabia and Russia and the fallout from the coronavirus pandemic contributed to driving its shares down more than 50% in the last three weeks.

Read more at https://www.reuters.com/article/us-chesapeake-enrgy-restructuring-exclus/exclusive-shale-gas-pioneer-chesapeake-energy-taps-restructuring-advisers-sources-idUSKBN2133SC