This story comes from the non-profit investigative newsroom ProPublica, co-published with The Daily Beast: At the end of 2011, Chesapeake Energy, one of the nation’s biggest oil and gas companies, was teetering on the brink of failure. Its legendary chief executive officer, Aubrey McClendon, was being pilloried for questionable deals, its stock price was getting hammered […]
Right now, thereâs a lot excitement over different shale formations across Texas and across the country. But along with excitement, there sometimes comes hype. First there was the Barnett near Fort Worth and Pennsylvaniaâs Marcellus. In South Texas youâve got the Eagle Ford. North Dakota taps the Bakken. It seems like everywhere you look, drillers […]
Chesapeake Energy is one of the “world’s biggest frackers” and a major player in Texas, and today they hold their annual shareholder meeting. It comes after weeks of bad news and eye-opening investigations into the company, particularly the unconventional financial dealings of its CEO Aubrey McClendon. The meeting starts about 10 a.m. (CST) at the companyâs campus […]
On Friday, we’ll be carrying a live-blog from our friends to the North at StateImpact Oklahoma, who will be attending Chesapeake Energy‘s annual shareholder meeting. You can follow the live-blog here. Reporters there will be giving a play-by-play, and our partners at StateImpact Pennsylvania will be chiming in with relevant links and information concerning the […]
We tackle the tough questions; What is this company? Who is their CEO and whatâs the deal with his wine and antique map collection?
After several unusual personal loans came to light, the CEO and chairman of Chesapeake Energy, one of the biggest players in the world of fracking for natural gas, is now just CEO, according to the company. In a program called the âFounder Well Participation Program,â Aubrey McClendon was allowed to purchase an interest in each […]
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