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...Chesapeake’s market value will be a fraction of the $35bn it boasted more than a decade ago, back when its controversial founder, the late Aubrey McClendon, was America’s best-paid chief executive and his...
...By the end of May, 18 US exploration and production companies had filed for bankruptcy this year, according to law firm Haynes and Boone....
...The disclosure comes as bankruptcies tick up in the US oil patch, with 33 in the year to September 30, according to Haynes and Boone, a law firm....
...“Aubrey McClendon was one of the brightest men I’ve ever dealt with,” he said. “I personally always found him to be a gentleman in our interactions.”...
...Boone Pickens, the 81-year-old oilman who has become a spokesman for the natural gas industry, told Congress in October that the US has more natural gas than all the oil in Saudi Arabia....
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