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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.
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This is hardly just now cropping up, it has been discussed many, many times. So he is a working interest owner (a very minor one @ 2.5%) I don't see the big deal.
Jan 31, 2013. 04:21 PM
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