Laurent Belsie at the Christan Science Monitor writes: "If the change at Chesapeake is any indication, the next phase of the gas boom is going to be far more sober and buttoned-down, as companies move to shave their debts and boost operating profits as they wait for natural gas demand to catch up with supply.
"McClendon didn't grab the limelight simply because of his company's acquisitions. His personal investments and intertwined financial maneuverings with the company and its customers prompted Chesapeake to investigate those dealings. (He once sold his collection of antique maps to the company for $12 million, well above its value, according to The Wall Street Journal, before shareholder lawsuits forced him to buy it back.)"
The whole story is here.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.