Friday, February 27, 2009

Chesapeake Energy Announces Reorganization for West Virginia Office

I didn't know Chesapeake had a West Virginia office that needed reorganizing:
Oklahoma City-headquartered Chesapeake Energy said today it will reorganize its Charleston, W.Va.-based Eastern Division.

The division will evolve from a regional corporate headquarters to a regional field office consistent with the business model the company uses elsewhere in the country, officials said.

Ominous news in that if this behemoth of an Oklahoma company has to "reorganize" - read, close - an office, the future may not look as bright as it could.

Stay tuned.

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