Chesapeake, Encana face 'collusion' suit

Lawsuit: Chesapeake, Encana accused of collusion in Michigan

AP/Scanpix

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News Wires

 25 February 2013 22:15 GMT

A major Michigan landowner is suing Chesapeake Energy and Encana, alleging that the two energy giants colluded to rig bids for oil and gas rights in 2010.

Northstar Energy, which owns nearly 10,000 acres in Michigan's Utica-Collingwood oil and gas shale formation, filed the lawsuit against Chesapeake and Canadian firm Encana in Michigan federal court Friday, Reuters reported.

The suit follows a series of investigations by the news wire last year which triggered civil and criminal probes of Chesapeake, the second-largest US producer of natural gas. In June, Reuters reported that Chesapeake and Encana, Canada's largest gas producer, worked to suppress land prices in Michigan three years ago.

Reuters quoted from internal Chesapeake emails that show top executives of…

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