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NatGasGHshale

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  • A group of Chesapeake (CHK +0.7%) bondholders challenge the company's authority to redeem $1.3B of notes, saying the plan is improper and would shortchange them. They say that in seeking a preliminary injunction against bond trustee BNY Mellon, CHK is trying to renege on its contractual obligations by seeking authority to buy back the notes at par rather than at a premium. [View news story]
    IMO...ICahn and AM are cut from the same cloth... They just start at opposite ends... One builds for self consumption... One buys for self consumption...
    No difference...
    Mar 12 12:30 PM | Likes Like |Link to Comment
  • Burns Hargis, chairman of Chesapeake Energy's (CHK +3.4%) audit committee that conducted the probe into the financial dealings of outgoing CEO Aubrey McClendon, resigns from CHK's board. Louis Raspino, recent head of oil and gas driller Pride International, will fill the vacancy. [View news story]
    Two down and out... More to go...
    Mar 7 12:44 PM | Likes Like |Link to Comment
  • Chesapeake (CHK) will no longer be run by Aubrey McClendon, but the company he founded is far from rid of him. He is entitled to ~$47M in total compensation, but the most enduring entanglement is his interests in up to 2.5% of ~45K producing wells, which could make it harder to structure a takeover deal. "It's hard for me to imagine anyone wanting to take it all on," Argus' Phil Weiss says. [View news story]
    As for posting on Seeking Alpha and its policies per posting comments and which comments its "Moderation Team" deems to be "removed"... Please read Forbes' Richard Finger's article "published" 2/3/2013 titled "Aubrey's Gone Let's Sing A Song."
    There is an example of U.S. 1st Amendment Right...Freedom of Speech... of which Mr. Finger's "speech" is far more "explicite" and "inflammatory" and "opined" than anything I or others have ever written here on Seeking Alpha. And, it's true.
    Forbe's, Bloomberg, NYTimes, etc., etc. don't have any problem with publishing anything I have ever sent to them...
    Why is the Seeking Alpha "Moderation Team" (Team...LOL) deleting comments on CHK's Aubrey McClendon????????
    Smells to me... IMO
    Goodbye to Seeking Alpha... Where the Freedom of Speech is supressed and censored when it does not fit Seeking Alpha's agenda...
    NatGasGHshale 2/5/2013
    Feb 5 02:20 PM | Likes Like |Link to Comment
  • Chesapeake (CHK) will no longer be run by Aubrey McClendon, but the company he founded is far from rid of him. He is entitled to ~$47M in total compensation, but the most enduring entanglement is his interests in up to 2.5% of ~45K producing wells, which could make it harder to structure a takeover deal. "It's hard for me to imagine anyone wanting to take it all on," Argus' Phil Weiss says. [View news story]
    JohntheOld...
    Yeah... Better to "shoot the messenger" than to get the message...
    I figure Mr. Chesapeake's FWPP (Founder Well Participation Program) is at least a $10 Billion...Billion...sy... off of CHK Energy, et al, Stockholder/Stock-price value...
    Hear's hoping you get the message...
    Feb 3 02:05 PM | Likes Like |Link to Comment
  • Chesapeake (CHK) will no longer be run by Aubrey McClendon, but the company he founded is far from rid of him. He is entitled to ~$47M in total compensation, but the most enduring entanglement is his interests in up to 2.5% of ~45K producing wells, which could make it harder to structure a takeover deal. "It's hard for me to imagine anyone wanting to take it all on," Argus' Phil Weiss says. [View news story]
    daleharvey...
    "What are the issues?"... The "issues" are...Those of U.S. 97.5% are getting SHAFTED BY CHK Energy's CEMI... And 90% of the "97.5%" are CHK ROYALTY OWNERS...NOT WORKING INTEREST... CHK, et al, is NETTING OUT THEIR ROYALTY OWNERS TO DEATH....
    The "issues"... IT'S a WIN-WIN For ONLY McClendon, et al... IF...CHK CEMI isn't the MiddleMan...
    Feb 1 01:36 PM | Likes Like |Link to Comment
  • Chesapeake (CHK) will no longer be run by Aubrey McClendon, but the company he founded is far from rid of him. He is entitled to ~$47M in total compensation, but the most enduring entanglement is his interests in up to 2.5% of ~45K producing wells, which could make it harder to structure a takeover deal. "It's hard for me to imagine anyone wanting to take it all on," Argus' Phil Weiss says. [View news story]
    Let's make a bet... Mr. Chesapeake's "wink-wink" working interest or 2.5% of 45K+ wells...for which he borrowed multi-millions of $$$ from CHK (Stockholders' moneys) to fund his "up-front costs" and "netting out expenses"...and, remember...this is not "royalty interest"... This 2.5% produces revenues from production.... That "production" be it oil or nat gas shale gets "sold"... AND THERE'S THE ROTTEN AUBREY APPLE... Is Mr. Chesapeake's 2.5% of production on those 45K+ wells being Bought & Sold THROUGH CEMI (CHK Energy Marketing Inc.) at the SAME X**&^@# DISCOUNTED RATE that U.S. Other Unleased Mineral/Well Interest Owners and Royalty Owners oil and nat gas is being BOUGHT & SOLD for by the same CEMI...??????????
    Let's Say...YES... If the answer is Yes...Same $1, $1.20, $1.35, $1.90, etc., etc., etc.,...per MCF rate CEMI is paying U.S.... Then Mr. McClendon would have to be SWIMMING IN BILLIONS OF DOLLARS IN PERSONAL DEBT. HE owes @ 45K+ wells @ 2.5% of each wells tangible & intangible costs PLUS monthly lease expenses PLUS "Severance TAXES"... DO the Math...
    Let's Say...NO... If the answer is NO... And Mr. McClendon, et al, get more "FRIENDLY" rates/prices on production revenues and production cost...OR...Mr. Chesapeake, et al, where allowed to use "their" production revenues for THEIR Secret Hedge Funding Activities in O&G...???? IMO...That's the Only way he would have two nickles to rub together...Except of course for the Obscene "PAY PKGS" and "PERSONAL BAILOUTS" the BANKS & CHK BOD has Lavished Upon Him...
    CHK Royalty Owners & CHK Unleased Mineral Owners/Working Interest Partners are being ROBBED by CEMI and CHK Energy, et al... This is where the IRS, SEC, FTC, FBI need to focus...
    ...IMO as a CHK Working Interest Owner in the Haynesville Shale...
    Feb 1 01:27 PM | Likes Like |Link to Comment
  • How Did Chesapeake Sell $12 Billion Of Assets And Actually Increase Its Debt? [View article]
    Mr. Chesapeake "voluntarily" retiring???
    The "goat" pictures under the covers must be serious bad news...
    IMO... McClendon wasn't EVER leaving CHK unless he was six feet under... He goes off into the night... quietly??? without a fight??? We All better batten down the hatches... There's a real storm comin'.
    Jan 30 02:24 PM | 2 Likes Like |Link to Comment
  • Chesapeake Energy (CHK) says Aubrey McClendon will retire as CEO effective April 1. The CHK board says its extensive review of alleged conflicts of interest and other matters involving McClendon has thus far found no improper conduct; a final report will be completed in mid-February. CHK +10.6% AH. [View news story]
    Don't cry for AM... He will be "retired" with stock options, golden parachute that will go on for years, Founders Well Participation Program FWPP, back-door deals and perks... And... He will probably still be running the place on some level... Can't happen fast enough. IMO...
    Jan 29 08:44 PM | 1 Like Like |Link to Comment
  • The Utica shale, where Chesapeake Energy (CHK) owns drilling rights to 1.2M acres with roughly a third in a zone it has described as rich in oil, is now considered unlikely to drive a major increase in its oil production. Utica will be "one of our foundational plays for decades," CEO Aubrey McClendon says, but if there's oil to be had there, it would be collected with the help of other companies. [View news story]
    Why make that comment at all????????????
    Is HE trying to sink CHK Stockholders???
    Is HE "purposely" driving CHK stock down???
    What's CHK's hidden agenda???
    Are more CHK right downs coming???
    Amazing...
    Nov 14 11:21 AM | 1 Like Like |Link to Comment
  • From Chesapeake Energy's (CHK) just-filed 10-Q: "We project that our capital expenditures will continue to exceed our operating cash flow through 2013... we may not reach our previously announced goal of $9.5 billion by year-end 2012 until 2013." [View news story]
    Still way too much debt... CHK "management" is sinking itself. Why would any O&G "buy" them now? Give CHK another year, and IMO, "management" @ CHK will provide BIG O&G an even bigger bullzeye takeover target...
    The stakes are too high to allow CHK "managment" to keep sabotaging all the hard work and futures of CHK Employees...
    Not to mention the birth/growth of U.S. Shale Oil/Nat Gas/Energy Movement for Independence from OPEC...
    Someone with Some Sanity Speak Up over there. It's not too late.
    IMMostHO...
    Nov 11 02:22 PM | Likes Like |Link to Comment
  • From Chesapeake Energy's (CHK) just-filed 10-Q: "We project that our capital expenditures will continue to exceed our operating cash flow through 2013... we may not reach our previously announced goal of $9.5 billion by year-end 2012 until 2013." [View news story]
    "who makes the first move???" The BIGGEST $$$ Sharks in the O&G Sea... If their forensic auditors can decipher the books...
    Nov 10 02:32 PM | Likes Like |Link to Comment
  • Access Midstream Partners, L.P. (ACMP) declares $0.435/share quarterly dividend, 3.6% increase from prior dividend of $0.42. For shareholders of record Nov. 7. Payable Nov. 14. Ex-div Nov. 5. (PR[View news story]
    MLP's are the "Countrywides" of the O&G Industry...
    Nov 6 06:13 PM | Likes Like |Link to Comment
  • Natural Gas: Supply Unchanged In August According To Latest Data [View article]
    Answer to McClendon's 3rd Qtr Comments... SPIN!
    Nov 5 12:00 PM | Likes Like |Link to Comment
  • Chesapeake Energy - Delay In Asset Sales Is Disappointing [View article]
    One "quote," question, and comment more...
    Quote: CHK 3rd Qtr 2012..."Adjusted net income to common stockholders for the latest quarter was $33 million or $0.10 per share..."
    Question: Will the whole 3rd Quarter $33 Million even cover Mr. McClendon's 2012 Compensation Pkg???
    Comment: If it won't... CHK can't even claim the $33 Million.
    Nov 5 11:35 AM | 1 Like Like |Link to Comment
  • Chesapeake Energy - Delay In Asset Sales Is Disappointing [View article]
    No O&G is "buying" out CHK. Too much debt and too many JVs, MLPs, VPPs, Spin downs, Spin Offs, etc., and that's only what is public knowledge...
    IMO, that's how AM gets to keep his job...He "knows" just how the CHK pie plate has been broken, re-puzzled/glued back together, re-broken and re-puzzled/glued back together again...over and over again. Just following this kind of accounting "trail" of debt is what "hides" secrets and keeps CHK out of the hands of smarter, bigger take-over targeters... And whatever the "secrets" are...AM knows them and controls them.
    Without nat gas prices rising substantially, CHK won't be "too big to fail."
    It's a classic case of "The Man Who Would Be King." A tale of greed and exploitation... CHK needed to get a hammer on their "greed and exploitation" when nat gas prices turned south.
    Now CHK is at the mercy of those prices with no where to go but sell off valuable assets because "management" won't stop spending itself into more debt.
    It's ironic that this Year's Presidential race has come down to Our Fiscal Debt Cliff and Government Spending Habits... And CHK's Fiscal Debt Cliff and Spending Habits is the Corporate Governance mirror image... And no one @ CHK has the @#$$#@ to stop it. What a Waste. IMMostHO...
    Nov 4 04:55 PM | 3 Likes Like |Link to Comment
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90 Comments
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