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Aubrey McClendon

Aubrey McClendon, owner of American Energy Partners (F. Carter Smith/Bloomberg )

American Energy Partners units seek bond deals amid oil slump

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The slump in oil prices has prompted the units to cut spending budgets and lower production estimates, significantly increasing their debt levels relative to earnings, according to Standard & Poor’s. They’re seeking financing deals after S&P warned earlier this month that their liquidity could deteriorate significantly next year.
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

Chesapeake Energy sues founder, former CEO McClendon

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The lawsuit alleges McClendon took “confidential information and trade secrets from Chesapeake.”
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

McClendon venture raises $500 million for mineral rights

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McClendon doesn’t appear to be slowing down his new venture even as oil prices have sunk below $75 a barrel.
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

American Energy snaps up more West Texas oil land for $440M

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The deal, expected to close next month, would double Aubrey McClendon’s stake in West Texas.
Aubrey McClendon, owner of American Energy Partners (F. Carter Smith/Bloomberg )

McClendon’s West Texas venture plans Wall Street debut

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Wildcatter Aubrey McClendon’s oil and gas startup in West Texas may be the latest venture in the Permian Basin to beckon for Wall Street investors, sitting astride one of the most lucrative U.S. shale plays.
permian basin

Shale boom tested as plummeting prices threaten U.S. drillers

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More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude.
Chesapeake Energy Corp. CEO Aubrey McClendon speaks during the opening of a compressed natural gas filling station in Oklahoma City in 2009. (AP Photo, File)

McClendon lures Chesapeake exec for new energy venture

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Shale gas wildcatter Aubrey McClendon has lured away a top executive from the company that ousted him last year, as McClendon works to build a new U.S. energy producer.
A drilling rig in the Utica Shale. (Chesapeake)

McClendon’s American Energy, Regency to build $500M Utica pipeline

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A $500 million pipeline planned for next year could carry natural gas from Aubrey McClendon’s growing web of gas wells in Ohio to the Gulf Coast and several mid-western and southern states.
(construct/Flickr)

Private equity firm adds $2.5B to energy infrastructure funding

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First Reserve has closed on a $2.5 billion fund to back energy infrastructure, more than doubling the capital it had gathered to inject into pipeline, storage and liquefied natural gas projects.
A drilling rig in the Utica Shale. (Chesapeake)

Chesapeake slashing debt with spin off

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Chesapeake Energy will wipe $1.1 billion in debt off its books when it spins off its rig business this month, but it probably won’t have any more silver bullets as it works to restore its balance sheet, analysts said Tuesday.