A Pittsburg County jury deliberated less than three hours before returning a $10 million judgment in the January 2018 gas rig fire that killed five men near Quinton,Oklahoma. The jury found National Oilwell Varco, a Houston, Texas company partially responsible for the deaths of two of the victims. Families of the two will get a …
January 29, 2020 archive
Chesapeake cuts debt but shares still reach 26-year low
After Oklahoma City’s Chesapeake Energy released a fourth-quarter production update in which it said it had managed to eliminate $900 million in debt, the company saw a 2.6% increase in premarket trading on Wednesday. Still, the stock closed at 51.82 cents, the lowest level since January 1994. The level of share prices for the troubled …
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