Chesapeake Energy Corp. CEO Aubrey McClendon agreed to helm the Oklahoma City-based natural gas producer for another five years under a new employment contract that awarded him a one-time $75 million bonus for the leadership role he played in negotiating four joint ventures in the Haynesville, Woodford, Fayetteville and Marcellus shales.
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Chesapeake’s McClendon Forced to Sell ‘Substantially All’ Shares
Chesapeake Energy Corp. disclosed late Friday that CEO Aubrey K. McClendon involuntarily had to sell “substantially all” of his shares in the company in the previous three days to meet margin loan calls. McClendon had held an estimated 33 million shares in the company.
Chesapeake’s McClendon Forced to Sell ‘Substantially All’ Shares
Chesapeake Energy Corp. disclosed late Friday that CEO Aubrey K. McClendon involuntarily had to sell “substantially all” of his shares in the company in the previous three days to meet margin loan calls. McClendon had held an estimated 33 million shares in the company.
Chesapeake CEO: More Gas Producers to Cut Rigs on Low Prices
In the next few months 200-400 rigs could be “laid down” in response to low natural gas prices, Chesapeake Energy Corp. CEO Aubrey McClendon said last week.
Chesapeake CEO: More Gas Producers to Cut Rigs on Low Prices
In the next few months 200-400 rigs could be “laid down” in response to low natural gas prices, Chesapeake Energy Corp. CEO Aubrey McClendon said Tuesday.
Natural Gas as Transport Fuel Gains Ground
Just how prescient were the recent comments of Chesapeake Energy CEO Aubrey McClendon and T. Boone Pickens about increasing the use of natural gas as a transportation fuel? General Motors Corp. (GM) now is calling natural gas an “enticing alternative” to petroleum, and Honda Motor Co. has begun touting “Phill,” a home refueling appliance available to owners of natural gas vehicles (NGV).
Natural Gas as Transport Fuel Gains Ground
Just how prescient were the recent comments of Chesapeake Energy CEO Aubrey McClendon and T. Boone Pickens about increasing the use of natural gas as a transportation fuel? General Motors Corp. (GM) now is calling natural gas an “enticing alternative” to petroleum, and Honda Motor Co. has begun touting “Phill,” a home refueling appliance available to owners of natural gas vehicles (NGV).
McClendon Sees Natural Gas (LNG) Exports in the U.S. Future
There’s more than one way to rescue the U.S. balance of payments deficit and Oklahoma’s own Aubrey McClendon, CEO of Chesapeake Energy, may have hit on it with his idea to export increasingly abundant North American natural gas, shipping it over the oceans in liquid form.
McClendon Sees Natural Gas (LNG) Exports in the U.S. Future
There’s more than one way to rescue the U.S. balance of payments deficit and Oklahoma’s own Aubrey McClendon, CEO of Chesapeake Energy, may have hit on it with his idea to export increasingly abundant North American natural gas, shipping it over the oceans in liquid form.
Haynesville Gas Wells to Be Bigger than Barnett’s — Chesapeake CEO
The Haynesville Shale in northwestern Louisiana could hold the key to U.S. energy independence, Chesapeake Energy Corp. CEO Aubrey McClendon said last week. The CEO, who has long led one of the loudest cheering sections for domestic natural gas prospects, claimed Wednesday that the emerging shale could be three times more prolific in estimated gas resources than the Barnett Shale of Texas.