Chesapeake says Justice Department has dropped probes of royalty, land practices

The U.S. Department of Justice has ended a three-year investigation of Chesapeake Energy Corp.’s oil and natural gas royalty payment and land purchase practices without taking action, according to Reuters. The news service reports that Chesapeake said in a recent securities filing that the Justice Department advised it on September 19, 2017 that it had concluded the probes. The department had subpoenaed documents from the company in 2014 after dozens of landowners and others accused it of short-changing them on royalties for natural gas and other fuels. For more, read the full story.

National, Ohio