NY AG Subpoenas Energy Giants Over Drilling Forecasts

Law360, New York (August 18, 2011, 6:37 PM EDT) -- New York state's attorney general has subpoenaed Range Resources Corp., Cabot Oil & Gas Corp. and Goodrich Petroleum Corp., and questioned Chesapeake Energy Corp., to determine whether information they gave investors about their gas drilling prospects was accurate, a person familiar with the probe said Thursday.

A source familiar with the probe told Law360 that Attorney General Eric Schneiderman sent subpoenas to Range Resources, Cabot and Goodrich on Aug. 8. The subpoenas sought documents regarding what predictions they made to investors and potential investors about their...
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