Aubrey

Chesapeake Energy Corp.’s U.S. natural gas output should surpass that of leaders BP plc and Anadarko Petroleum Corp. within the next two months, CEO Aubrey McClendon said Friday.

If natural gas prices stay in a range of $8-10, “we’ll do fine,” and so will the power industry, Chesapeake Energy CEO Aubrey McClendon told an audience of Gulf Coast power industry executives last week in Texas as he delivered his “message of optimism about natural gas supply.”

If natural gas prices stay in a range of $8-10, “we’ll do fine,” and so will the power industry, Chesapeake Energy CEO Aubrey McClendon told an audience of Gulf Coast power industry executives in Texas as he delivered his “message of optimism about natural gas supply.”

Could the Haynesville Shale in northwestern Louisiana hold more natural gas reserves than the Barnett Shale? Chesapeake Energy Corp. CEO Aubrey McClendon said last week the Louisiana acreage may have a larger impact on the company than any other play in its history, including its Texas and Arkansas holdings in the Barnett and the Fayetteville shales.

Chesapeake Energy CEO Aubrey McClendon has made no secret that he sees a market growth play for natural gas in growing concern over global warming and disaffection for “dirty” coal-fired power plants. And Friday he minced no words in promising that his company has the natural gas to fuel much of the power generation the country will need. If McClendon is right, Chesapeake could be the nation’s No. 3 gas producer by year-end and No. 1 in as few as 18 months.

Chesapeake Energy CEO Aubrey McClendon has made no secret that he sees a market growth play for natural gas in growing concern over global warming and disaffection for “dirty” coal-fired power plants. And last week he minced no words in promising that his company has the natural gas to fuel much of the power generation the country will need. If McClendon is right, Chesapeake could be the nation’s No. 3 gas producer by year-end and No. 1 in as few as 18 months.

Chesapeake Energy CEO Aubrey McClendon — whose company recently helped bankroll a controversial anti-coal advertising campaign — has only nice things to say about natural gas. And he’s formed a new foundation and hired Denise Bode away from the Oklahoma Corporation Commission (OCC) to help spread the gospel that North American gas is the answer to carbon dioxide-intensive power generation.

Chesapeake Energy CEO Aubrey McClendon — whose company recently helped bankroll a controversial anti-coal advertising campaign — has only nice things to say about natural gas. And he’s formed a new foundation and hired Denise Bode away from the Oklahoma Corporation Commission (OCC) to help spread the gospel that North American gas is the answer to carbon dioxide-intensive power generation.

Oil and natural gas price increases have “far outpaced” acquisition cost increases because margins matter, not the “per Mcfe sticker price,” Chesapeake Energy Corp. CEO Aubrey McClendon said last week. Holding to that strategy, the Oklahoma City-based independent plans to continue to acquire more domestic onshore assets to increase its ever-growing gas reserves.