Steven C. Dixon, former COO of Chesapeake Energy Corp., has been named CEO of Oklahoma City-based Tapstone Energy LLC effective Jan. 1. Dixon will replace Tom L. Ward, who co-founded Chesapeake with Aubrey McClendon and later founded and ran SandRidge Energy Corp. until 2013. Ward launched Tapstone a few months after leaving SandRidge, and he plans to “maintain a large ownership stake” as he focuses on another venture also to be based in Oklahoma City. Dixon, who joined Chesapeake in 1991,served as interim CEO from April-June 2013 after McClendon was ousted. Tapstone, with close to 150 employees, has acquired and developed “an impressive acreage position in a prolific area of the Anadarko Basin,” within the STACK, aka, the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties, Dixon said. Ward said Tapstone “is well positioned to experience incredible growth” under Dixon’s leadership.
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People — Tapstone CEO
Steven C. Dixon, former COO of Chesapeake Energy Corp., has been named CEO of Oklahoma City-based Tapstone Energy LLC effective Jan. 1. Dixon will replace Tom L. Ward, who co-founded Chesapeake with Aubrey McClendon and later founded and ran SandRidge Energy Corp. until 2013. Ward launched Tapstone a few months after leaving SandRidge, and he plans to “maintain a large ownership stake” as he focuses on another venture also to be based in Oklahoma City. Dixon, who joined Chesapeake in 1991,served as interim CEO from April-June 2013 after McClendon was ousted. Tapstone, with close to 150 employees, has acquired and developed “an impressive acreage position in a prolific area of the Anadarko Basin,” within the STACK, aka, the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties, Dixon said. Ward said Tapstone “is well positioned to experience incredible growth” under Dixon’s leadership.
Chesapeake’s Dixon, Three Execs ‘to Pursue Other Opportunities’
Chesapeake Energy Corp.’s long-time COO Steve Dixon, who was named interim CEO in April and held the post until mid-June, left the company Monday with three other top executives, according to a memo sent to employees by CEO Doug Lawler.
Chesapeake COO Dixon Out, Other Top Execs Gone
Chesapeake Energy Corp.’s long-time COO Steve Dixon, who was named interim CEO until Doug Lawler came aboard in June, left the company Monday with three other top executives, according to a memo by Lawler.
Chesapeake Alters McClendon’s Exit Agreement
Chesapeake Energy Corp. last week altered former CEO Aubrey McClendon’s noncompete agreement, giving him the right to acquire oil and natural gas holdings that are adjacent to the company’s wells in which he holds a stake.
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