The founder of one of the largest gas producers in the U.S. died in a car accident


As reported by Reuters, McClendon, who founded Chesapeake Energy Corp. and helped her become one of the largest producers of natural gas in the world, was killed in an accident in Oklahoma city. According to preliminary data, the car at great speed hit the highway guardrail and caught fire. Car Chevrolet Tahoe 2013 so badly burned that police could not even determine whether the victim wore a seat belt seat belts.

The day before the accident, the U.S. Department of justice filed charges in McClendon deliberate violation of antitrust law. Under the version of law enforcement bodies, he was involved in the conspiracy to determine the winners in competitions on acquisition of sites for extraction. McClendon himself of his guilt was not recognized.

McClendon resigned as the head of the Chesapeake in 2013 because of internal crisis. After that he founded the organization American Energy Partners, which attracted investment of private funds in the development of oil fields in North America and Australia.

Chesapeake Energy Corp. was founded in 1989 by Aubrey McClendon and Tom ward. They had initially invested $50 thousand, but by the time of the IPO in 1993 the company was estimated at $25 million and produced gas in Oklahoma and Texas.

On the natural gas market in the US Chasepeake second only to Exxon Mobil Corp. According to the results of its 2015 net loss totaled $14.6 billion, due to falling prices in world commodity markets.