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Thursday, June 28, 2012

Chesapeake CEO Aubrey McClendon Stops By North Canton

From Business Journal Daily:
NORTH CANTON, Ohio – Aubrey McClendon, the embattled CEO of Chesapeake Energy Corp., made an unannounced stop to the Stark campus of Kent State University Wednesday to address about 300 of the company's Utica shale employees. 
"He came into North Canton to meet with all of the employees in the Ohio Utica shale region," said Chesapeake spokesman Pete Kenworthy shortly after the meeting concluded just after 1 p.m.  The meeting was closed to the media and public, and security deterred reporters from conducting interviews before and after the private luncheon. 
The meeting was simply an opportunity for the CEO to meet with some of his workers in eastern Ohio, Kenworthy said, and that includes those employed in Chesapeake's midstream subsidiaries. 
Oklahoma City-based Chesapeake is the largest single leaseholder in the Utica shale, with more than 1.3 million acres under contract with landowners who stretch from Belmont to Trumbull counties. The energy company, the second-largest producer of natural gas in the United States, is also the most active driller for natural gas, wet gas, and oil in the region. 
McClendon arrived at roughly 11:15 a.m. after touching down at the nearby Akron-Canton Airport. The CEO, wearing a white open-collared shirt, stepped out of a black SUV and entered KSU Stark's University Center, where the meeting was held.
Read the rest of the article here.

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