Chesapeake Takes Texas Oil Sale Off Table to Keep Cash

Chesapeake Energy on conference call says it market reaction to 10-Q issue was 'so extreme' so they wanted to get loan done on Friday afternoon and host conference call this morning. Chesapeake Energy on conferenceCHK -16.00% is expecting activist investor Carl Icahn to disclose soon that he has taken a significant stake in the embattled natural-gas company, according to people familiar with the matter. Such a move by Mr. Icahn could(OTC:CRCL), and Chesapeake Energy Corporation (NYSE:CHK) a few hundred miles north of Dallas -

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