New Chesapeake Suit Must Focus On Post-Ch. 11 Rights

By Rick Archer (April 7, 2021, 6:49 PM EDT) -- A Texas bankruptcy judge told Chesapeake Energy that he's ready to allow a contract dispute with another oil and gas driller to proceed in Pennsylvania court, but only as long as the parties focus on post-bankruptcy issues.

At a virtual hearing U.S. Bankruptcy Judge David Jones told Chesapeake and Epsilon Energy USA that he believes their dispute over a Epsilon's right to drill in a Pennsylvania oil and gas field should be heard in that state, but that the parties will have to limit themselves to the question of what their current contract rights are and not what Chesapeake may or...

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