Chesapeake Energy Archives - Landman Insider.com

Into the Deep: Who is Chesapeake without Aubrey McClendon?

Into the Deep: Who is Chesapeake without Aubrey McClendon?
The announcement of Chesapeake Energy (CHK) CEO Aubrey McClendon’s impending retirement has stirred quite a bit of discussion over the past several days. Some lament that CHK will never again be the same. Others cheer that CHK will never be the same. One thing is certain, Chesapeake will never be the same. The Land Machine Chesapeake’s “land machine” is well-known for entering a new play and causing lease bonuses to skyrocket. Competitors hate the tactic, and that’s probably the reason McClendon employed it. If you can flood an area with land agents and raise lease bonuses to price out your ...

Chesapeake CEO Aubrey McClendon Steps Down

Chesapeake CEO Aubrey McClendon Steps Down
Chesapeake Energy Corporation announced today that CEO, President, and Co-Founder Aubrey McClendon would be retiring effective April 1, 2013.  This is amid previous allegations of impropriety that have been under investigation by the board of directors.  The allegations involved the fact that McClendon received personal loans from business partners totaling hundred of millions of dollars. The press release stated that the final report of the allegations would be released mid-February, but that they had (to date) found no improper conduct.  It’s interesting that they used the words “to date”.  Rest assured, I’ll be following up after the report is released. ...


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