Rigzone.com: Latest News Headlines: Reuters: Chesapeake CEO Borrowed $1.1B Using Stake In Wells As Collateral

Rigzone.com: Latest News Headlines The latest upstream oil and gas news from around the world.

Reuters: Chesapeake CEO Borrowed $1.1B Using Stake In Wells As Collateral Apr 18th 2012, 00:00 CEO Aubrey McClendon has borrowed as much as $1.1 billion over the last three years, pledging as collateral his stakes in the company's oil and natural gas wells, Reuters reported, citing documents it has reviewed.

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