Compressed Natural Gas

Fri, 2015-02-20 10:13Steve Horn
Steve Horn's picture

Sued by Chesapeake Energy for Stealing Trade Secrets, Aubrey McClendon Hires PR Giant Edelman

Chesapeake Energy has sued its former CEO, Aubrey McClendon, for allegedly stealing its trade secrets in the months between his resignation and the formation of his new company, American Energy Partners. To defend itself outside of the courtroom, American Energy Partners has hired Edelmanthe 'world's largest' and often controversial public relations firm.

Filed on February 17 at the District Court of Oklahoma County, Chesapeake's legal complaint alleges McClendon covertly took map-based data owned by the company in the time between resigning from the company and then officially leaving the company in early 2013. Chesapeake also alleges that he then utilized that same confidential data for business and investment decisions at his new startup in deciding which land to purchase for hydraulic fracturing (“fracking”) for oil and gas.

AEP used confidential information and trade secrets stolen by McClendon from Chesapeake as a basis for their decision to acquire certain acreage in the Utica Shale Play,” alleges the lawsuit. “Further, in acquiring this acreage…AEP interfered with Chesapeake's business plans and its negotiations for its own acquisition of acreage in the Utica Shale play.”

Chesapeake Energy alleges that, before taking the data with him, McClendon asked a former company vice president of land, whose name is redacted in the complaint, to optimize and update the data.

Chesapeake Energy v. American Energy Partners Complaint
Image Credit: District Court of Oklahoma County

Sat, 2011-06-11 13:15Carol Linnitt
Carol Linnitt's picture

Post Carbon Institute Debunks False Hope Of Gas As ‘Bridge Fuel’

Touted by industry as a “clean energy” panacea, unconventional gas is widely heralded as deliverance from air pollution to global warming to foreign energy dependence. It is clean, the drillers say, and there is plenty of it. Descriptions like ‘trillions of cubic feet’ and ‘more than a century’s worth’ are becoming commonplace, used to prop up the vision of a clean, affordable and homegrown unconventional gas future.

But like most things that sound too good to be true, unconventional gas is no exception, as DeSmogBlog pointed out in our own recent report “Fracking the Future.”

Now, continuing to dispel some of the most egregious misconceptions regarding the future of gas, Post Carbon Institute Fellow David Hughes recently released a new report entitled Will Natural Gas Fuel America in the 21st Century?

In his report, Hughes takes on three myths undergirding our gas ambitions: that hydraulic fracturing and horizontal drilling have guaranteed our access to a century’s worth of fuel; that the price of natural gas, which has been historically volatile, will remain low; and that, from a global warming and public health perspective, natural gas is a clean and safe alternative to other fossil fuels.

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