Founder and former CEO of Chesapeake Energy Aubrey McClendon is being reported dead after being in a car crash today.
Just yesterday he was indicted and charged with conspiring to rig bids for oil and natural gas leases while leading Chesapeake, CNBC reports.
Former Chesapeake CEO Aubrey McClendon was killed in a car crash Wednesday morning.
car was found burning near Memorial and MidwestBlvd. Fire officials confirmed a body was found in the vehicle.
Fire officials said the vehicle hit a bridge in the area.
McClendon was indicted Tuesday on a charge of conspiring to rig bids to buy oil and natural gas leases in northwest Oklahoma.
McClendon was 56 years old.
American Energy Partners released a statement about the incident.
“It is with deep sadness that AELP confirms that earlier today, its founder, Aubrey K. McClendon died in a car accident on Midwest Boulevard in Oklahoma City. Aubrey’s tremendous leadership, vision, and passion for the energy industry had an impact on the community, the country, and the world. We are tremendously proud of his legacy and will continue to work hard to live up to the unmatched standards he set for excellence and integrity. We will deeply mourn his loss and please join us in expressing our condolences to his family.”
The stock spiked higher by 24% on the announcement. More on the story from RaginCajun.
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