Chesapeake delay contributed to Wyoming well blowout

NEW YORK (Reuters) - Chesapeake Energy said a leak of natural gas and oil-based drilling mud from a well near Douglas, Wyoming on Tuesday led to the evacuation of 67 residents from nearby homes.

Chesapeake Energy Corp reported quarterly profit that exceeded Wall Street expectations on Wednesday, as the U.S. oil and gas company produced more crude oil from shale basins like the Eagle Ford in Texas and expenses fell. Chesapeake, under the direction of a board handpicked by its largest investors and interim Chief Executive Steve Dixon, is focused on drilling its best properties and increasing output of more profitable crude oil while lowering spending.

WEATHERFORD, Texas (AP) — When a man in a Fort Worth suburb reported his family's drinking water had begun bubbling like champagne, the federal government sounded an alarm: A company may have tainted their wells while drilling for natural gas.

Aubrey McClendon will no longer be running Chesapeake Energy Corpcome April 1. But he is likely to remain deeply entangled with the company he founded 24 years ago.

George Fisher submits: Energy Inc (EGAS) is a small-cap regulated Montana-based natural gas utility that is on the move. One of the few roll-ups in the local gas utility business, EGAS offers investors adequate dividend yield and interesting growth prospects at reasonable current valuations. EGAS serves clients in Montana, Wyoming, North Carolina, Maine, Ohio, and Pennsylvania. In addition, EGAS owns working interest in 140 natural gas wells in Wyoming along with a local gathering and transfer pipeline.Energy Inc.

ByCasey Hoerth:Carrizo Oil and Gas (CRZO) is a small- to mid-cap Exploration and Production (E&P) company in premier oil locations in the lower 48 United States. You might remember it as natural gas producers, but it began making a major shift to oil in 2010. The company's remaining natural gas operations are in some of the best areas: the Marcellus and some of the better Barnett acreage in North Texas.