Takeaways From Ex-Chesapeake CEO Antitrust Case

Law360, New York (March 21, 2016, 11:02 AM EDT) -- Pablo C. Ferrante

Kevin L. Shaw

Mark Ryan Every oil and gas exploration and production company acquires oil and gas properties either directly from landowners or from other lessees. These transactions come in many forms and sizes but occur daily in good times and bad times.

At the same time, E&P companies typically do not act alone in developing their oil and gas properties, and often enter into agreements of various kinds with other companies to jointly explore, develop and produce oil and gas properties. Many such relationships do not raise any legal issues concerning anti-competitive conduct, but some recent high-profile...

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