SandRidge Energy Inc. (SD), Chesapeake Energy Corporation (CHK)’s Acreage Rights & Exxon Mobil Corporation (XOM)’s Reinvestment Plan

Investors Buy High Volume of Chesapeake Energy Corp. Put Options (CHK) (Zolmax)
Chesapeake Energy Corporation (NYSE:CHK) saw some unusual options trading on Monday. Traders bought 36,113 put options on the stock, Stock Ratings Network.com reports. This is an increase of approximately 126% compared to the typical daily volume of 15,976 put options. In other Chesapeake Energy Corporation (NYSE:CHK) news, EVP Douglas J. Jacobson sold 12,500 shares of the stock on the open market in a transaction dated Friday, August 23rd. The stock was sold at an average price of $26.00, for a total transaction of $325,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Exxon Mobil Agrees to $2.4M in Fines, Improvements (ClaimsJournal)
Louisiana’s Department of Environmental Quality says Exxon Mobil Corporation (NYSE:XOM) has agreed to pay nearly $2.4 million in fines, improvements and other payments to settle violations at Baton Rouge-area plants. About $2.3 million will resolve violations from 2008 into this year at four plants, including the company’s Baton Rouge refinery, Agency spokeswoman Jean Kelly said in a news release Friday. Another $62,000 is for a release of naphtha in June 2012 at the Baton Rouge Complex, she said.