Chesapeake Energy (NYSE:CHK) is saddled with $1.4B of previously unreported liabilities due over...

Chesapeake Energy (NYSE:CHK) is saddled with $1.4B of previously unreported liabilities due over coming years from off-balance sheet deals, WSJ reports. The company has commitments to banks requiring delivery of specific amounts of oil and gas. These so-called VPPs are essentially debts, with payments due in fuel rather than cash. Shares take a tumble, -1.7%.