Monday, January 6, 2025

Chesapeake Co-Founder McClendon Indicted

From Bloomberg Aubrey McClendon, the co-founder and former chief executive officer of Chesapeake Energy Corp., was indicted on charges that he conspired to rig bids for the purchase of oil and natural gas leases in northwest Oklahoma, the U.S. said. McClendon is accused of orchestrating a scheme between two “large oil and gas companies” to not bid against each other