Robert D. Lawler, president and CEO of Chesapeake Energy Inc. (NYSE: CHK), arrived understandably late to the stage at the Deloitte Oil & Gas Conference in downtown Houston on Oct. 30, tied up by the traffic that comes with a $4 billion transaction.

That morning, Chesapeake had announced it agreed to buy WildHorse Resource Development Corp. (NYSE: WRD), which includes positions in the Eagle Ford Shale and Austin Chalk, for almost $4 billion.

At Lawler‘s delayed speaking engagement, entitled “The Game is Changing,” he said his company was going “on the offensive” after a slog through roughly five years of divestitures, most recently with the $1.9 billion sale of its Utica Shale assets that closed in October.

To read the full story