The Justice Department reportedly is probing Chesapeake (CHK) and Encana (ECA) for possible...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

The Justice Department reportedly is probing Chesapeake (CHK) and Encana (ECA) for possible collusion after a Reuters investigation showed top brass at the two rivals plotted to avoid bidding against each other in Michigan land deals. The state's AG office and Department of Natural Resources also are believed to be looking into the allegations.