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	<title>Power Play &#187; Chesapeake</title>
	<atom:link href="http://blog.newsok.com/energy/category/companies/chesapeake/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.newsok.com/energy</link>
	<description>Staying up on Oklahoma&#039;s booming energy sector</description>
	<lastBuildDate>Tue, 21 May 2013 02:03:07 +0000</lastBuildDate>
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		<title>Chesapeake to donate $1M to Red Cross after Moore tornado</title>
		<link>http://blog.newsok.com/energy/2013/05/20/chesapeake-to-donate-1m-to-red-cross-after-moore-tornado/</link>
		<comments>http://blog.newsok.com/energy/2013/05/20/chesapeake-to-donate-1m-to-red-cross-after-moore-tornado/#comments</comments>
		<pubDate>Tue, 21 May 2013 01:53:02 +0000</pubDate>
		<dc:creator>Jay F. Marks</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[donation]]></category>
		<category><![CDATA[Moore]]></category>
		<category><![CDATA[Operation Blue]]></category>
		<category><![CDATA[Red Cross]]></category>
		<category><![CDATA[tornado]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2833</guid>
		<description><![CDATA[<p>Chesapeake Energy Corp. on Monday announced it would donate $1 million to the American Red Cross to add in rescue and recovery efforts after the Moore tornado.</p>]]></description>
				<content:encoded><![CDATA[<p>Chesapeake Energy Corp. on Monday announced it would donate $1 million to the American Red Cross to add in rescue and recovery efforts after the <a href="http://newsok.com/oklahoma-sucker-punched-by-second-round-of-twisters/article/3827949">Moore tornado</a>.</p>
<p>The Oklahoma City-based oil and natural gas company also is organizing hundreds of employee volunteers to help tornado victims as part of Operation Blue, Chesapeake&#8217;s annual campaign to encourage volunteerism.</p>
<p>&#8220;Our hearts go out to the victims of these terrible storms, and Chesapeake and our employees are doing all we can to aid in the disaster recovery efforts in our hometown community,&#8221; Chesapeake Chairman Archie Dunham said. &#8220;We are providing all possible assistance using Chesapeake equipment, machinery and resources and many of our people are already mobilized under the Operation Blue banner and assisting in the rescue efforts.</p>
<p>&#8220;We urge other local businesses and citizens to pitch in to help during our community&#8217;s hour of need.&#8221;</p>
<p><a href="http://www.chk.com/corporate-responsibility/community/volunteering/pages/operation-blue.aspx">Operation Blue</a>, which allows Chesapeake employees to volunteer on company time, is being expanded to help the community after this week&#8217;s deadly tornadoes.</p>
<p>Chesapeake employees have contributed more than 100,000 volunteer hours in the company&#8217;s operating areas over the past three summers.</p>
<p>Company spokesman Michael Kehs said Chesapeake is working with Red Cross to determine the best way for its employees and equipment to aid recovery efforts after the Moore tornado.</p>
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		<title>Chesapeake names new CEO</title>
		<link>http://blog.newsok.com/energy/2013/05/20/chesapeake-names-new-ceo/</link>
		<comments>http://blog.newsok.com/energy/2013/05/20/chesapeake-names-new-ceo/#comments</comments>
		<pubDate>Mon, 20 May 2013 11:35:55 +0000</pubDate>
		<dc:creator>Adam Wilmoth</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Companies]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2816</guid>
		<description><![CDATA[<p>Chesapeake Energy Corp. has named Anadarko Petroleum vice president Robert Douglas Lawler as its new CEO, the Oklahoma City company said Monday.</p>]]></description>
				<content:encoded><![CDATA[<div id="attachment_2826" class="wp-caption alignright" style="width: 125px"><a href="http://blog.newsok.com/energy/2013/05/20/chesapeake-names-new-ceo/image/" rel="attachment wp-att-2826"><img class="size-full wp-image-2826" alt="Robert Douglas Lawler has been named Chesapeake Energy Corp.'s new CEO, effective June 16." src="http://blog.newsok.com/energy/files/2013/05/image.jpg" width="115" height="124" /></a><p class="wp-caption-text">Robert Douglas Lawler has been named Chesapeake Energy Corp.&#8217;s new CEO.</p></div>
<p>Chesapeake Energy Corp. has named Anadarko Petroleum vice president Robert Douglas Lawler as its new CEO, the Oklahoma City company said Monday.</p>
<p>Lawler, 46, will begin at Chesapeake on June 17.</p>
<p>Lawler is senior vice president of international and deepwater operations for the Houston-based energy company that in 2006 bought Oklahoma City-based Kerr-McGee Corp.</p>
<p>“I am honored and excited to be joining Chesapeake Energy with its unparalleled asset portfolio, focused management team and very talented and dedicated employees,&#8221; Lawler said in a statement Monday. &#8220;There is significant value in Chesapeake’s asset base and the growth potential of the company is tremendous. I look forward to accelerating the momentum that the Chesapeake team has built to generate value for our shareholders in the years ahead.”</p>
<p>Lawler is a petroleum engineer with 25 years of experience in the upstream exploration and production industry.</p>
<p>“Doug is a talented and proven executive with the ideal skill set to lead Chesapeake forward and capitalize fully on our world-class assets,&#8221; Chesapeake Chairman Archie Dunham said. &#8220;Throughout his 25 years in the upstream E&amp;P industry, Doug has earned a reputation as a highly engaged and knowledgeable leader who delivers superior operational performance and capital efficiency. The Board is confident that Doug’s deep technical upstream and engineering expertise as well as his strategic and financial skills will serve Chesapeake well. We look forward to working with him to create value for Chesapeake shareholders.”</p>
<p>With Lawler assuming the CEO position at Chesapeake, the Office of the Chairman will be discontinued, and Dunham, Steve Dixon and Nick Dell’Osso will continue to serve in their roles as non-executive chairman, executive vice president of operations and geosciences and chief operating officer, and executive vice president and chief financial officer, respectively.</p>
<p>“We thank Steve and Nick for the key roles they played in this transition and for their exemplary service as members of the Office of the Chairman during our CEO search,&#8221; Dunham said. &#8220;The company did not miss a beat during this interim period, and their effective collaboration reflects their strong leadership skills and teamwork ethic. Steve, Nick, and the rest of the executive group, under Doug’s leadership, will form a highly talented and experienced management team that will lead Chesapeake into its next phase of success and prosperity.”</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>New websites provide a few more clues about Aubrey McClendon&#8217;s latest ventures</title>
		<link>http://blog.newsok.com/energy/2013/05/07/new-websites-provide-a-few-more-clues-about-aubrey-mcclendons-latest-ventures/</link>
		<comments>http://blog.newsok.com/energy/2013/05/07/new-websites-provide-a-few-more-clues-about-aubrey-mcclendons-latest-ventures/#comments</comments>
		<pubDate>Tue, 07 May 2013 17:13:58 +0000</pubDate>
		<dc:creator>Brianna Bailey</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[fracking]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[American Energy Partners]]></category>
		<category><![CDATA[Arcadia Capital]]></category>
		<category><![CDATA[Aubrey McClendon]]></category>
		<category><![CDATA[McClendon Energy Partners]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2777</guid>
		<description><![CDATA[<p>I have stumbled across websites for two more new companies that former Chesapeake Energy CEO Aubrey McClendon has formed, Arcadia Capital LLC, and McClendon Energy Partners LP.</p>]]></description>
				<content:encoded><![CDATA[<div id="attachment_1024" class="wp-caption alignnone" style="width: 310px"><a href="http://blog.newsok.com/energy/2012/05/03/analyst-hedge-fund-revelation-could-lead-to-mcclendons-ouster/energy-ceos/" rel="attachment wp-att-1024"><img class="size-medium wp-image-1024" alt="Chesapeake Energy Corp. CEO Aubrey McClendon speaks at a 2010 energy conference." src="http://blog.newsok.com/energy/files/2012/05/Aubrey-300x248.jpg" width="300" height="248" /></a><p class="wp-caption-text">Chesapeake Energy Corp. CEO Aubrey McClendon speaks at a 2010 energy conference.</p></div>
<p>I have stumbled across websites for two more new companies that former Chesapeake Energy CEO Aubrey McClendon has formed, <a href="http://arcadia-cap.com/">Arcadia Capital LLC</a>, and <a href="http://mep-lp.com/">McClendon Energy Partners LP</a>. You can read more <a href="http://newsok.com/mcclendon-starts-new-energy-company-down-the-street-from-chesapeake/article/3787168">here </a>about about McClendon&#8217;s new exploration and production company American Energy Partners LP, which is<a href="http://www.aep-lp.com/"> now hiring. </a></p>
<p>On its website, Arcadia Capital describes itself  as a &#8220;family office that manages investments in oil and natural gas, real estate development and venture capital.&#8221;</p>
<p>Will McClendon will use Arcadia Capital to manage his  personal investments? You can read more <a href="http://en.wikipedia.org/wiki/Family_office">here</a> about family offices.</p>
<p>McClendon&#8217;s  personal holdings  are extensive, including  a 283-acre <a href="http://www.dftrees.com">tree farm </a>in Arcadia,  a $70 million stake in<a href="http://www.oklahoman.com/article/3383726"> ProCure Treatment Centers, Inc</a>.,  a 19 percent interest in the<a href="http://www.businessweek.com/articles/2012-06-12/the-corporate-storm-behind-okcs-thunder"> Oklahoma City Thunder</a>, as well as <a href="http://online.wsj.com/article/SB10001424052702304451104577390231768951056.html">several restaurants and real estate development projects.</a></p>
<p>McClendon Energy Partners remains something of an enigma. There&#8217;s nothing to see on the website but a blurry shot of McClendon&#8217;s torso and gesturing hands.</p>
<p>Somebody out there knows more. E-mail me at <a href="bbailey@opubco.com">bbailey@opubco.com</a>.</p>
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		<title>Aubrey McClendon&#8217;s new company is hiring&#8230;.and he wants people to know it</title>
		<link>http://blog.newsok.com/energy/2013/04/24/aubrey-mcclendons-new-company-is-hiring-and-he-wants-people-to-know-it/</link>
		<comments>http://blog.newsok.com/energy/2013/04/24/aubrey-mcclendons-new-company-is-hiring-and-he-wants-people-to-know-it/#comments</comments>
		<pubDate>Wed, 24 Apr 2013 16:39:13 +0000</pubDate>
		<dc:creator>Brianna Bailey</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Gas Prices]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2737</guid>
		<description><![CDATA[<p></p>
<p>Aubrey McClendon&#8217;s new exploration and production venture American Energy Partners, LP has put up two billboards  on NW 63  announcing that the company is now hiring.</p>]]></description>
				<content:encoded><![CDATA[<p><a href="http://blog.newsok.com/energy/2013/04/24/aubrey-mcclendons-new-company-is-hiring-and-he-wants-people-to-know-it/aep-billboard/" rel="attachment wp-att-2738"><img class="alignnone size-medium wp-image-2738" alt="AEP billboard" src="http://blog.newsok.com/energy/files/2013/04/AEP-billboard-300x224.jpg" width="300" height="224" /></a></p>
<p>Aubrey McClendon&#8217;s new exploration and production venture American Energy Partners, LP has put up two billboards  on NW 63  announcing that the company is now hiring.</p>
<p>The signs are  near NW 63 and Interstate 235 and NW 63 at N. Harvey Avenue &#8212; right across the street from American Energy Partners&#8217; new headquarters in the Harvey Parkway office building.</p>
<p><em>The Oklahoman</em> broke the story last week about <a href="http://newsok.com/mcclendon-starts-new-energy-company-down-the-street-from-chesapeake/article/3787168">McClendon&#8217;s new energy company. </a></p>
<p>The company&#8217;s website, <a href="http://www.aep-lp.com/">www.ae-lp.com</a>, also has been updated and now contains more information on McClendon&#8217;s vision for the venture.</p>
<p>As always, McClendon is dreaming big.</p>
<p>&#8220;We&#8217;re looking for the industry&#8217;s best and brightest to join our team and help build a best-in-class E&amp;P company to create significant value for our partners, our employees, our community and our country,&#8221; the website says.</p>
<p>McClendon is looking to make American Energy Partners a new &#8220;industry leader,&#8221; according to the website.</p>
<p>&#8220;We are a start-up, but we are ready to make our mark,&#8221; the website says.</p>
<p>McClendon&#8217;s separation agreement prohibits him from poaching employees from Chesapeake. But those billboards have to be  pretty hard to miss for Chesapeake workers who take I-235 to work and get off at NW 63.</p>
<p>Know more? Seen any more billboards? Let me know at <a href="bbailey@opubco.com ">bbailey@opubco.com</a>  or hit me up on<a href="https://twitter.com/briannabailey80"> Twitter</a>.</p>
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		<title>Aubrey McClendon&#8217;s new company has a website</title>
		<link>http://blog.newsok.com/energy/2013/04/17/aubrey-mcclendons-new-company-has-a-website/</link>
		<comments>http://blog.newsok.com/energy/2013/04/17/aubrey-mcclendons-new-company-has-a-website/#comments</comments>
		<pubDate>Wed, 17 Apr 2013 16:41:56 +0000</pubDate>
		<dc:creator>Brianna Bailey</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[American Energy Partners]]></category>
		<category><![CDATA[Aubrey McClendon]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2717</guid>
		<description><![CDATA[<p>One of former Chesapeake Energy Corp.&#8217;s CEO Aubrey McClendon&#8217;s new companies, American Energy Partners LP, now has its website up.</p>]]></description>
				<content:encoded><![CDATA[<div id="attachment_2718" class="wp-caption alignnone" style="width: 310px"><a href="http://blog.newsok.com/energy/2013/04/17/aubrey-mcclendons-new-company-has-a-website/aubrey-going-away-1/" rel="attachment wp-att-2718"><img class="size-medium wp-image-2718" alt="Aubrey McClendon talks to a Chesapeake employee during his farewell party in March at Chesapeake headquarters. " src="http://blog.newsok.com/energy/files/2013/04/Aubrey-going-away-1-300x219.jpg" width="300" height="219" /></a><p class="wp-caption-text">Aubrey McClendon talks to a Chesapeake employee during his farewell party in March at Chesapeake headquarters.</p></div>
<p>One of former Chesapeake Energy Corp.&#8217;s CEO Aubrey McClendon&#8217;s new companies, American Energy Partners LP, now has its <a href="http://www.aep-lp.com/">website up</a>.</p>
<p>There&#8217;s not much to see now, but from the looks of things McClendon is starting a new exploration and production company.</p>
<p>I wrote McClendon an e-mail at his new American Energy Partners e-mail address  asking if he was willing to discuss his new venture with me. Promptly and politely, McClendon wrote back and said he was not ready to talk and probably wouldn&#8217;t be any time soon.</p>
<p>Click<a href="http://blog.newsok.com/energy/2013/04/12/aubrey-is-back-in-business/"> here</a>  for more on McClendon&#8217;s new ventures: American Energy Partners, McClendon Energy Partners and  Arcadia Capital.</p>
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		<title>Aubrey McClendon is back in business</title>
		<link>http://blog.newsok.com/energy/2013/04/12/aubrey-is-back-in-business/</link>
		<comments>http://blog.newsok.com/energy/2013/04/12/aubrey-is-back-in-business/#comments</comments>
		<pubDate>Fri, 12 Apr 2013 20:42:54 +0000</pubDate>
		<dc:creator>Brianna Bailey</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[fracking]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Aubrey McClendon]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2656</guid>
		<description><![CDATA[<p>&#160;</p>
<p>Just two weeks after leaving Chesapeake Energy, former CEO Aubrey McClendon appears to be moving full steam ahead with multiple new business ventures, at least two of them energy related.</p>]]></description>
				<content:encoded><![CDATA[<div id="attachment_2658" class="wp-caption alignnone" style="width: 234px"><a href="http://blog.newsok.com/energy/2013/04/12/aubrey-is-back-in-business/harvey-parkway-2/" rel="attachment wp-att-2658"><img class="size-medium wp-image-2658" alt="Aubrey's companies have hung out their shingles at the Harvey Parkway building." src="http://blog.newsok.com/energy/files/2013/04/Harvey-Parkway-2-224x300.jpg" width="224" height="300" /></a><p class="wp-caption-text">Aubrey McClendon&#8217;s companies have hung out their shingles at the Harvey Parkway building.</p></div>
<p>&nbsp;</p>
<p>Just two weeks after leaving <a href="http://newsok.com/outgoing-ceo-mcclendon-bids-chesapeakes-oklahoma-city-workers-farewell/article/3775436">Chesapeake Energy</a>, former CEO Aubrey McClendon appears to be moving full steam ahead with multiple new business ventures, at least two of them energy related.</p>
<p>As <a href="http://newsok.com/oklahoma-city-real-estate-market-braces-for-chesapeake-property-sales/article/3766697">The Oklahoman first  reported</a>, McClendon has leased out the sixth floor of the Harvey Parkway building at 301 NW 63, just a few blocks away from Chesapeake&#8217;s main campus. He also has registered at least two new companies in the state of Oklahoma, Arcadia Capital LLC  and McClendon Energy Operating LLC.</p>
<p>The entity American  Energy Partners LP was also registered on the same day as McClendon Energy Operating by the law firm of former Chesapeake Energy director and long-time McClendon friend Shannon Self, records show.</p>
<p>All three companies have  hung out their shingles at the Harvey Parkway.</p>
<p>The new companies have also registered several web domains. See <a href="http://whois.polodomains.com/domain/grMKWLHPjg8AdNbdrva3Bg.._info.html">here </a>and <a href="http://www.whoismind.com/whois/arcadia-resources.com.html">here</a> for details.</p>
<p>I paid a visit to the Harvey Parkway building Friday afternoon and spotted fresh paint in the parking lot. All of prime parking spots at the Harvey Parkway are now reserved for Suite 600 and American Energy.</p>
<p><a href="http://blog.newsok.com/energy/2013/04/12/aubrey-is-back-in-business/harvey-parkway-1/" rel="attachment wp-att-2660"><img class="alignnone size-medium wp-image-2660" alt="harvey Parkway 1" src="http://blog.newsok.com/energy/files/2013/04/harvey-Parkway-1-224x300.jpg" width="224" height="300" /></a></p>
<p>Inside, a new flat-screen TV by the elevator notes that Arcadia Capital, McClendon Energy Partners and American Energy Partners are all headquartered in suite 600. Renovations are still ongoing on the sixth floor,  but there is an office with the lights on just to the right of the elevator staffed with a receptionist.</p>
<p>McClendon &amp; Co. is open for business, it seems.</p>
<p>McClendon also is taking some of the talent from Chesapeake with him, including<a href="http://newsok.com/departing-chesapeake-executive-plans-to-work-with-mcclendon/article/3779404"> Tom Price</a>, a senior vice president who is leaving the company in May.</p>
<p>Will suite 600 at the Harvey Parkway  give birth to Chesapeake 2.0? Only time will tell.</p>
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		<title>Chesapeake puts additional Ohio acreage up for sale</title>
		<link>http://blog.newsok.com/energy/2013/04/09/chesapeake-puts-additional-ohio-acreage-up-for-sale/</link>
		<comments>http://blog.newsok.com/energy/2013/04/09/chesapeake-puts-additional-ohio-acreage-up-for-sale/#comments</comments>
		<pubDate>Tue, 09 Apr 2013 21:48:47 +0000</pubDate>
		<dc:creator>Jay F. Marks</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[fracking]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2648</guid>
		<description><![CDATA[<p>Faced with a lingering cash crunch, Chesapeake Energy Corp.</p>]]></description>
				<content:encoded><![CDATA[<p>Faced with a lingering cash crunch, Chesapeake Energy Corp. is looking to sell up to $7 billion in assets this year.</p>
<p>The company has added close to <a href="http://www.meagheroil.com/resources/project/Chesapeake%20Portage%20and%20Stark%20Counties%2C%20OH/">100,000 acres</a> in Ohio&#8217;s Utica Shale to the properties it has listed with broker Meagher Energy Advisors. Chesapeake last summer listed <a href="http://blog.newsok.com/energy/2012/06/04/chesapeake-to-sell-utica-shale-assets/">more than 330,000 net acres</a> in the area.</p>
<p>Chesapeake is refining its focus as it tries to rein in its budget and reduce drilling costs, acting CEO Steve Dixon said in a <a href="http://newsok.com/chesapeake-energy-corp.-interim-ceo-outlines-strategy/article/3778703">conference call</a> last week.</p>
<p>Dixon said many of the assets Chesapeake will sell this year will be smaller acreage packages.</p>
<blockquote><p>We are particularly pleased with the market&#8217;s response to the multiple small asset packages that we have offered,” he said. “Many of these assets may not be individually noteworthy to investors, but in aggregate, the combined value that we anticipate collecting this year will likely be very meaningful and lead to further progress in improving our balance sheet.”</p></blockquote>
<p>The latest Ohio assets to hit the market include about 94,000 acres in Portage and Stark counties.</p>
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		<title>Cleveland reporter offers his take on Oklahoma City</title>
		<link>http://blog.newsok.com/energy/2013/04/08/cleveland-reporter-offers-his-take-on-oklahoma-city/</link>
		<comments>http://blog.newsok.com/energy/2013/04/08/cleveland-reporter-offers-his-take-on-oklahoma-city/#comments</comments>
		<pubDate>Mon, 08 Apr 2013 16:58:55 +0000</pubDate>
		<dc:creator>Jay F. Marks</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[fracking]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2644</guid>
		<description><![CDATA[<p>A while back, I spent some time with John Funk, an energy and utilities reporter for The Plain Dealer in Cleveland.</p>]]></description>
				<content:encoded><![CDATA[<p>A while back, I spent some time with John Funk, an energy and utilities reporter for The Plain Dealer in Cleveland. He was visiting Oklahoma City to get a look at how the energy industry has shaped the state.</p>
<p>His stories ran over the weekend. <a href="http://www.cleveland.com/business/index.ssf/2013/04/horizontal_well_drilling_and_h.html">One</a> looked at the state and its energy sector, while the <a href="http://www.cleveland.com/business/index.ssf/2013/04/chesapeake_energys_high-tech_g.html#incart_river_default">other</a> focused on Chesapeake Energy Corp., which has been a major player in Ohio&#8217;s emerging Utica Shale formation.</p>
<blockquote><p>&#8220;Oil has been a leading industry in this state for at least three generations. It is so ingrained into the culture that it&#8217;s a way of life for people who live and work there. And now the industry is drawing a couple of thousands of new residents each month to Oklahoma City,&#8221; Funk wrote.</p></blockquote>
<p>Questions still loom about how the discovery of new reserves of oil and natural gas will impact Ohio, where many people are concerned about the environmental impact of fossil fuel exploration and development.</p>
<p>Funk did not find evidence of such issues in Oklahoma.</p>
<blockquote><p>&#8220;Wellheads and pump jacks are everywhere. So many they appear to outnumber the trees. Oklahomans seem unfazed by their existence. The oil and gas producing equipment is<strong> </strong>in shopping center parking lots, along city streets and interstate highways, at the Will Rogers Airport, even on the grounds of the state capitol building.&#8221;</p></blockquote>
<p>Seems to me that John did a pretty good job of capturing our city during his visit. What do you think?</p>
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		<title>Former Devon exec, Chesapeake target to attend Harvard Divinity School</title>
		<link>http://blog.newsok.com/energy/2013/03/11/former-devon-exec-chesapeake-target-to-attend-harvard-divinity-school/</link>
		<comments>http://blog.newsok.com/energy/2013/03/11/former-devon-exec-chesapeake-target-to-attend-harvard-divinity-school/#comments</comments>
		<pubDate>Mon, 11 Mar 2013 20:14:41 +0000</pubDate>
		<dc:creator>Jay F. Marks</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Devon]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Anadarko Petroleum Corp.]]></category>
		<category><![CDATA[Kerr-McGee Corp.]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2639</guid>
		<description><![CDATA[<p>Anadarko Petroleum Corp. Executive Chairman James Hackett plans to attend Harvard Divinity School later this year, the Wall Street Journal reported.</p>]]></description>
				<content:encoded><![CDATA[<p>Anadarko Petroleum Corp. Executive Chairman James Hackett plans to attend Harvard Divinity School later this year, the Wall Street Journal <a href="http://blogs.wsj.com/deals/2013/03/11/anadarko-exec-chairman-to-attend-harvard-divinity-school/">reported</a>.</p>
<blockquote><p>“Jim Hackett will be attending Harvard Divinity School to become better prepared to write, speak and teach about faith and leadership, which has been a long-held interest of Jim’s and one of the key reasons he is retiring from Anadarko,” Anadarko spokesman John Christiansen said.</p></blockquote>
<p>Hackett, 59, was president and chief operating officer at Devon after its 2003 <a href="http://newsok.com/devon-inks-merger-deal-with-ocean-br-company-to-be-largest-u.s.-independent/article/1916761">merger</a> with Houston-based Ocean Energy Inc. He became CEO of Anadarko later that year, then led the company&#8217;s 2006 <a href="http://newsok.com/sale-of-kerr-mcgee-completed/article/2829174">acquisition</a> of Oklahoma City&#8217;s Kerr-McGee Corp.</p>
<p>Hackett, who retired as Anadarko CEO in May, <a href="http://online.wsj.com/article/SB10001424127887323926104578274272217881136.html">reportedly</a> turned down the opportunity to replace co-founder Aubrey McClendon at Chesapeake in January.</p>
<p>Chesapeake is expected to name McClendon&#8217;s successor before he leaves the company April 1.</p>
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		<title>Chesapeake investors target Dell</title>
		<link>http://blog.newsok.com/energy/2013/03/07/chesapeake-investors-target-dell/</link>
		<comments>http://blog.newsok.com/energy/2013/03/07/chesapeake-investors-target-dell/#comments</comments>
		<pubDate>Thu, 07 Mar 2013 19:58:22 +0000</pubDate>
		<dc:creator>Adam Wilmoth</dc:creator>
				<category><![CDATA[Chesapeake]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/energy/?p=2625</guid>
		<description><![CDATA[<p>&#160;</p>


<p>Two activist Chesapeake Energy Corp. investors have teamed up again, this time targeting computer maker Dell Inc. </p>

<p>Southeastern Asset Management and billionaire investor Carl Icahn led the effort last year to unseat a majority of the Chesapeake board and force changes that have led to CEO Aubrey McClendon agreeing to leave the company at the end of the month.</p>]]></description>
				<content:encoded><![CDATA[<p>&nbsp;</p>
<div>
<div>
<div id="attachment_2626" class="wp-caption alignright" style="width: 229px"><a href="http://blog.newsok.com/energy/2013/03/07/chesapeake-investors-target-dell/carl-icahn/" rel="attachment wp-att-2626"><img class="size-medium wp-image-2626" alt="Carl Icahn" src="http://blog.newsok.com/energy/files/2013/03/10063421_H9151497-219x300.jpg" width="219" height="300" /></a><p class="wp-caption-text">Carl Icahn</p></div>
<p>Two activist <a href="http://www.chk.com/Pages/default.aspx">Chesapeake Energy Corp.</a> investors have teamed up again, this time targeting computer maker <a href="http://www.dell.com/">Dell Inc. </a></p>
</div>
<p>Southeastern Asset Management and billionaire investor Carl Icahn led the effort last year to unseat a majority of the Chesapeake board and force changes that have led to CEO Aubrey McClendon agreeing to leave the company at the end of the month.</p>
<p>Shortly after winning its battle with Chesapeake, Southeastern moved its focus to Dell, which has fallen behind other computer makers.</p>
<p>Southeastern &#8212; which owns 8.4 percent of Dell &#8212; has challenged an effort by founder Michael Dell to buy up the company at a price the shareholder says is too low.</p>
<p>The Dell board has endorsed the takeover plan in a move Southeastern has said places &#8220;the interests of management above those of public shareholders.</p>
<p>&#8220;The board of directors appears to have dismissed better alternatives for public owners and selected a transaction, which has been public derided by shareholders as opportunistic and grossly undervalued, that favors management,&#8221; Southeastern wrote in a letter filed with the U.S. Securities and Exchange Commission.</p>
<p>Southeastern also has asked the directors to borrow money to pay shareholders a large one-time dividend.</p>
<p>As with its fight against Chesapeake&#8217;s directors, Southeastern has found itself with a powerful ally.</p>
<p>CNBC reported Wednesday that Icahn has bought up about 6 percent of Dell over the past few weeks.</p>
</div>
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