Chesapeake Struggling?

[Hoss]

It's all Obamacare's fault! 

Let's not forget, Romney's a 'severe' conservative.

I wonder if they have warnings for those....

[jacobi]

Didn't I hear Devon was following suit as well.

Lot of great class A space in OKc might be available soon. Also, arena naming rights.

That makes me very happy.

[DTowner]

That makes me very happy.

How would that be good for Oklahoma?

[swake]

How would that be good for Oklahoma?

The easy answer is that it wouldn't be. But you could argue that if the company could survive a bankruptcy, a Chesapeake without McClendon running it could be a far more stable company and better for Oklahoma long term. The problem is the "if". You would not want to see the company carved up and sold off. Unless blind hatred of Oklahoma City has fogged your view.

[jacobi]

Unless blind hatred of Oklahoma City has fogged your view.

Thats kind of it.  Also, There would be alot of assets up for grabs, just down the turnpike.  Who knows, maybe a basketball team.  JK.

[Teatownclown]

http://finance.yahoo.com/news/chesapeakes-mcclendon-chairman-post-165136096.html

and down goes Aubrey, down goes Aubrey. I hear a huge sucking sound coming from OKC.

Will he be known as the Bill Patterson of OKC oil and gas? AM might have pulled a Kavisto here...

Who will "takeover" his interest in The Thunder?

[jacobi]

Who will "takeover" his interest in The Thunder?

*cough* Kaiser *cough*

[TheArtist]

*cough* Kaiser *cough*

Omg, I sure hope not.

[ZYX]

*cough* Kaiser *cough*

I very highly doubt that.

[jacobi]

Why not?

[ZYX]

Why not?

He seems to be too highly involved in Tulsa to suddenly go spend a ton of money in OKC. I could be wrong, though.

[rdj]

I would be absolutely shocked if Kaiser took over McClendon's stake in the Thunder.

[Conan71]

He's being replaced as chairman.  Nowhere did I read he was being booted out or selling out of the Thunder partnership so why are we speculating on that particular aspect in the first place?

[heironymouspasparagus]

Now is a good time to add Chesapeake to my watch list - $12 a share and I am getting in.
And if it goes below, keep on buying.

Just one good cold winter away from scoring big time....

[Teatownclown]

I would be absolutely shocked if Kaiser took over McClendon's stake in the Thunder.

Agreed....more likely KF would end up with acreage and wells close to their own educated fields....

But Conan, I'd bet he has to eventually divest his Thunder interest. Maybe not his baseline ducats.

AM needs to join in with Boone's attack on Koch. Time has come for the wagons to circle the Wichita mob. They're self serving basterds who need to be isolated. All this time I thought Boone was a wingnut....

T. Boone Pickens: Biggest Deterrent To U.S. Energy Plan Is Koch Industries

http://finance.yahoo.com/blogs/daily-ticker/t-boone-pickens-biggest-deterrent-u-energy-plan-125553999.html

I hope he's right about $4...I hear $1.20...Heir, be patient....don't try catching a falling knife.