Saturday, May 12, 2012

Chesapeake May Delay $14 Billion Asset Sales on Loans | Review

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Chesapeake May Delay $14 Billion Asset Sales on Loans | Review
May 12th 2012, 08:42

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By on Saturday, May 12, 2012

(CHK) (CHK) reached a $3 billion loan agreement with a unit of Goldman Sachs Group Inc. (GS) (GS) and affiliates of Jefferies Group Inc. (JEF) (JEF) to help ease a cash shortfall that threatens to curtail its development of oil and natural-gas wells.

Pickens, who manages a $140 million energy-focused equity fund as part of his investment firm BP Capital, held about $13 million worth of Chesapeake [CHK 16.72 -0.46 (-2.68%) ] shares, which made up 9 percent of BP's

Chesapeake Energy as Enron: "Chesapeake's prepay deals" (CHK). I"ll probably have to start spelling the big gas E&P's name with three crooked E's. It usually starts with some innocuous off-balance sheet financing, maybe a

Goldman Sachs Bails Out $CHK. By The Fly – Fri May 11, 2012 8:19pm – No Comments – 25 views. Chesapeake Energy Corp said it had received a $3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell

(CHK) (CHK) reached a $3 billion loan agreement with a unit of Goldman Sachs Group Inc. (GS) (GS) and affiliates of Jefferies Group Inc. (JEF) (JEF) to help ease a cash shortfall that threatens to curtail its development of oil and natural-gas wells.

Tags: chesapeake, chk, csco, jpm, pga, yemelin Categories: Chk

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