Range, Cabot Said to Be Subpoenaed by N.Y. Over Natural Gas
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Range Resources Corp., Cabot Oil & Gas Corp. and Goodrich Petroleum Corp. were subpoenaed by New York over whether they accurately represented the profitability and life spans of their natural gas wells, according to a person familiar with the matter.
Chesapeake Energy Inc. also is being asked similar questions about its wells, said the person, who declined to be identified because the person isn’t authorized to speak publicly about the matter.