Less than a year after his departure, the energy titan has started another company. It has been raising money like gangbusters and is investing heavily in the Utica Shale formation in Ohio. But investment site The Motley Fool wants to know who keeps giving McClendon money. Fool contributor Tyler Crowe said McClendon’s American Energy Partners, […]
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Ghosts of McClendon
The lawsuit, which also named Encana Oil and Gas USA, claims both energy companies took part in a 2010 public auctions for oil and gas leases by the Michigan Department of Natural Resources. The Michigan AG claims if the companies worked together after an initial auction so as not to bid against one another, it […]
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Nice curves
Glimcher Realty Trust reported the $51.8 million buy of Classen Curve, The Triangle at Classen Curve and Nichols Hills Plaza on March 3. The purchase plan first was announced in Glimcher’s fourth quarter and fiscal year 2013 results released in February. The sale is the latest move in an effort by the energy company to […]
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McClendon announces retirement from Chesapeake
The announcement came in a news release issued by the company today. McClendon, 53, has serve as the company’s CEO since the company was founded in 1989, and served as chairman of the company’s board until last year, when he stepped down amid controversy involving personal loans and company management. McClendon has faced criticism from […]
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Be our guest, Part 2
Titled “Billionaire Wildcatter, Risk Addict Aubrey McClendon Has Bet It All On Shale,” the story was a sometimes harsh piece on one of Oklahoma City’s first-tier citizens. The article that came out stated the visit to Oklahoma City did little to change the author’s opinion on the company, that McClendon did not learn from previous […]
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‘Peake performance
McClendon and Nickles, chairman of Chesapeake’s Nominating and Corporate Governance Committee, had both come under fire by Institutional Shareholder Services Proxy Advisory Services, an advisory firm that recommended that shareholders not re-elect McClendon as chairman and vote to oust Nickles from the board. It is estimated McClendon has been compensated more than $152 million since […]