Mcclendon

Aubrey McClendon, 56, the former chief and co-founder of Chesapeake Energy Corp., and an early leader of the shale revolution that transformed the energy industry, was killed instantly Wednesday in a single-car crash in Oklahoma City.

Aubrey McClendon, 56, the former chief and co-founder of Chesapeake Energy Corp., and an early leader of the shale revolution that transformed the energy industry, was killed instantly Wednesday in a single-car crash in Oklahoma City.

American Energy Partners LP (AELP), the company formed by Aubrey K. McClendon three years ago, is taking its unconventional expertise south with an investment in Argentina’s Vaca Muerta formation in a partnership with state-controlled producer YPF SA.

An international law firm said Tuesday it would “aggressively defend” itself in a lawsuit regarding its dealings with Aubrey McClendon and the Appalachian exploration company he founded with major investors.

Chesapeake Energy Corp. has agreed to take close to 6,000 acres in Harrison County, OH, and a combination of cash and contingent cash payments of up to $25 million to settle part of a lawsuit filed against companies founded by former CEO Aubrey McClendon.

American Energy Partners LP (AELP) and its founder, Aubrey K. McClendon, said they intend to “respond vigorously” to a lawsuit filed Tuesday by Chesapeake Energy Corp. that alleges the former Chesapeake CEO stole trade secrets during his final months at the helm to benefit the partnership.

Chesapeake Energy Corp. has prevailed in two lawsuits, including one filed by shareholders, but it is facing a criminal trial after a Michigan judge ruled Wednesday there was enough evidence that it colluded with Encana Corp. to rig a land auction in 2010.

Aubrey McClendon is bringing a whole lot of friends to the party to help him start up a substantial Utica Shale operation in eastern Ohio, the new company formed by the ex-Chesapeake Energy Corp. co-founder confirmed on Wednesday.

A story concerningAubrey McClendon’s latest foray into the onshore through entityAmerican Energy Partners LPpublished on Wednesday is said to include misinformation, according to a spokesman (seeDaily GPI,Aug. 21). McClendon leftChesapeake Energy Corp.on April 1. Later that month Chesapeake executivesHenry HoodandTom Pricealso departed, and a Chesapeake official said at the time they would be working with McClendon in his new endeavor (seeShale Daily,April 17). Price in fact told theThe Oklahomanthat McClendon had “kindly offered to provide me with an office, and I have accepted…Aubrey and I have worked really well together on trying to do things that benefit Oklahoma City. I think we can continue to do that and hopefully enhance the prosperity of the state as well.” Neither Hood nor Price are said to be part of the new endeavor, said the spokesman. Also, American Energy’s spokesman claimed that neither McClendon nor his associates own the headquarters in Oklahoma City, as state officials had indicated in April.