Aubrey McClendon Takes on the World: New JV in Mexico

The CharmerWe don’t know how he does it, but it seems Aubrey McClendon can charm money out of just about anyone. Not even two weeks ago we told you that McClendon cut a deal to lease 21.5 million acres in Australia for shale drilling (see Aubrey McClendon Leases 21.5 MILLION Acres…in Australia?!). Apparently not content with the U.S. and Australia, McClendon announced today he’s charmed money out of Mexico’s EIM Capital to “jointly pursue” opportunities in oil and gas drilling south of the border. The press announcement below seems to indicate that McClendon is the one doing the investing–into EIM Capital. But that makes no sense. McClendon is up to his eyeballs in debt (see Has Aubrey McClendon Finally Hung Himself with High Debt?). Which leads us to say, Aubrey has the unusual ability to charm money from just about anyone (and make them think Aubrey’s the one doing the investing!)…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment