Tag: Aubrey McClendon

McClendon venture raises $500 million for mineral rights

McClendon doesn’t appear to be slowing down his new venture even as oil prices have sunk below $75 a barrel.  More »

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

The deal, expected to close next month, would double Aubrey McClendon’s stake in West Texas.  More »

McClendon’s West Texas venture plans Wall Street debut

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.  More »

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

More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude.  More »

McClendon lures Chesapeake exec for new energy venture

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.  More »

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

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.  More »

Private equity firm adds $2.5B to energy infrastructure funding

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.  More »

Chesapeake slashing debt with spin off

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.  More »

McClendon venture to enter shale territories in $4.25B deal

The three announced acquisitions are the latest in a series of moves by Aubrey McClendon, one of the first wildcatters to capitalize on the U.S. shale boom, to rebuild his empire after he relinquished his perch at the top of Chesapeake Energy last year.  More »

Chesapeake to garner $4 billion from sales, spin off

Chesapeake Energy is planning to collect $4 billion this year after it hawks assets in Texas, Pennsylvania and Oklahoma and spins off its U.S. fleet of walking rigs, the company said Friday.  More »

Shale pioneer McClendon hires Chesapeake in Utica

Aubrey McClendon, the pioneering shale wildcatter who helped usher in the U.S. energy renaissance, has hired the company that fired him to drill wells for his newest natural gas venture.  More »

CEO: Rock can get Chesapeake out of hard place

Doug Lawler’s strategy for turning Chesapeake Energy around after a rough spell centers on making the most of what the company already has: great shale positions.  More »

Chesapeake Energy files to spin off $2.2B oil field unit

Chesapeake Energy filed regulatory documents Monday in preparation for the public spinoff of its $2.2 billion oil field service business, set for an undisclosed date this year.  More »

McClendon oil company to raise $2.9B with promise to go public

McClendon’s new oil and gas venture will soon collect as much as $2.9 billion from investors in a bid to acquire and drill acreage in Ohio’s southern Utica Shale. And it has promised investors to turn a $750 million debt offering into equity once it goes public.  More »

Chesapeake’s new financial approach pays off in debt market

Chesapeake Energy’s new financial discipline has shareholders worried about energy production declines but has pleased bondholders with stricter spending levels.  More »
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