Feature
March 2013, Vol. 240, No. 3
Chesapeake Energy Problems Continue To Mount
In a story that has sent rumblings throughout the pipeline construction business, Otis Eastern Service has taken on financially troubled Chesapeake Energy for nonpayment of bills. In press interviews, Charlie Joyce, president of the Wellsville, NY-based company, said Cheaapeake, the independent natural gas producer which is the biggest driller in the Marcellus Shale, was slow, then slower in paying its bills.