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Chesapeake Energy Corporation Message Board

  • uplata uplata Jan 29, 2013 11:07 PM Flag

    Chesapeake says it is not for sale-memo

    Jan 29 (Reuters) - The departure of Chief Executive Aubrey McClendon is not an indication that Chesapeake Energy Corp is up for sale, according to an email to sent to employees on Wednesday.

    "...the company is not for sale," Chairman Archie Dunham wrote.

    Dunham also said the Chesapeake's board has set a drilling and completion budget of $6 billion.

    Chesapeake said McClendon will step down on April 1

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    • Of course they are not up for sell. Lol. That will only draw higher bids and Icahn will make sure that he will make maximum profit in shortest time. One step at a time. Why do u think they even mention about not selling company tonight? Lol lol

      • 1 Reply to wenwenlin2002
      • Who wants it with all the debt? Take over payments? lol Can you imagine how much looting if going on right now. Probably not one loyal employee left. LOL Can you even imagine how many pens and pencils are being taken? Wow, how about laptops walking off? Ouch, maybe even pipe in the fields? Oh man, maybe a tank or two? Pumping units? Man, how many leases are getting released for non-production? And then, the recently fired or laid off guys pick them up? Man, how much is walking out the door right now? Noone knows. LOL

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