Federal Agency Fines Fracking Company More Than $2.11M For Royalty Errors

(October 20, 2015, 12:39 PM EDT) -- DENVER — The U.S. Department of the Interior (DOI) on Oct. 19 announced that it has penalized hydraulic fracturing company Chesapeake Energy Corp. (CEC) $2,118,900 for “repeated, systemic errors” in the company’s reporting of the royalties related to the amount of natural gas it produced and sold from leases on Indian lands in Oklahoma....