Chesapeake boosting Wyoming holdings

Chesapeake Energy Corp., the U.S. natural gas producer that almost ran out of money last year, is spending $1.71 billion to expand access to oil-soaked shale in Wyoming and buy back preferred shares that were a drain on cash.

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Anadarko $5 billion settlement clears explorer for growth

The $5 billion settlement of a long-running pollution case will free Anadarko Petroleum to rival the world's biggest energy companies and pursue global ambitions from Mozambique to the Gulf of Mexico.

That is, if they don't get bought first.

Built for a potential sale by former chief executive officer James Hackett, a renowned dealmaker, Anadarko may have outgrown all but a few possible suitors.

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