Aubrey McClendon Raises Huge $8.7B for Shale Drilling…So Far

Aubrey McClendon certainly has not let getting fired from the company he co-founded, Chesapeake Energy, slow him down. Aubrey has now raised an eye-popping $8.7 billion in capital to fund oil and gas drilling–much of it in the Utica Shale. Nearly half of that, around $4 billion, is coming in deals aimed at the Permian Basin (in Texas) and the Marcellus Shale. Those deals, according to an interview granted by McClendon last week at a conference in Houston, are still not “announced” nor “detailed”. He plans to announce the deals by the end of summer…

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