A story published on Wednesday concerningAubrey McClendon’s latest foray into the onshore through entityAmerican Energy Partners LPis said to include misinformation, according to a spokesman (seeShale Daily,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.
Mcclendon
Articles from Mcclendon
McClendon’s New E&P Said to Be Buying Onshore Leaseholds
Risk-taker and rule-breaker Aubrey McClendon, who co-founded Chesapeake Energy Corp. and then retired on April 1, appears to be making a comeback in the U.S. exploration and production (E&P) arena, with one of his start-ups apparently buying one or two leaseholds in the Utica Shale, sources toldNGI.
McClendon’s E&P Readying Comeback in U.S. Onshore
Aubrey McClendon hasn’t taken long to gallop back in the U.S. onshore unconventional drilling business, if analysts are to be believed.
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.
Moniz: Fracking Natural Gas Provides Bridge to Zero-Carbon Future
Department of Energy (DOE) Secretary-designate Ernest J. Moniz fielded questions about his position on hydraulic fracturing (fracking), natural gas exports and climate change during his confirmation hearing Tuesday before the Senate Energy and Natural Resources Committee.
Chesapeake Completes Sale of Utica JV Shares
Chesapeake Energy Corp. has completed the sale of $750 million of perpetual preferred shares of its newly formed entity CHK Utica LLC, the Oklahoma City-based producer said Monday.
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).
