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Chesapeake Energy co-founder Aubrey McClendon, 56, dead after car strikes bridge on Midwest Boulevard in Oklahoma City, Oklahoma
According to the Oklahoma City Fire Department, it happened just after 9 a.m. on Midwest Blvd. between Memorial and 122nd. A car reportedly hit a bridge. One person has been pronounced dead.
McClendon, the former CEO and co-founder of Chesapeake Energy Corp., was indicted for conspiring to rig bids to buy oil and natural gas leases in northwest Oklahoma on Tuesday.
Law enforcement says McClendon was going VERY fast in his 2013 Chevy Tahoe when he veered out of his lane and struck a bridge. The car exploded and was quickly engulfed in flames.
Aubrey McClendon, one of the pioneers of the U.S. shale boom, died in a fiery crash on Wednesday, a day after he was indicted by a federal grand jury on charges of conspiring with an unnamed company to rig the price of oil and gas leases in Oklahoma.
Former Chesapeake Energy Corp CEO Aubrey McClendon dies in a car crash just HOURS after he was indicted on conspiracy charges
In addition to the federal probe, the Michigan attorney general brought criminal charges against Chesapeake, which the company settled in 2015 by agreeing to pay $25 million into a compensation fund for land owners.
McClendon, along with Clay Bennett, owned part of the Seattle Super Sonics before the team relocated to Oklahoma City in 2008. Bennett owns a majority of the team.
People stopped by the crash site on Midwest Boulevard and I-44 Thursday to leave flowers and write thank-you notes. Some left ties bearing the logo of his company, American Energy Partners.
Little more than a day after a Chevy Tahoe smashed a turnpike overpass, all that remains are shattered glass, charred cement and the smell of smoke in the air.
The Midwest City Police Department also has a virtual program that literally lets them reenact an accident by inputting measurements taken at the scene.
You can even use the program to see an accident from the perspective of those involved.
Many are still struggling to make sense of it all, the circumstances surrounding McClendon’s death are only now coming into focus. Police in Oklahoma City say they have yet to determine if the crash, which involved no other vehicle, was intentional. Emails McClendon sent to business associates hours before held no clues, no hints of trouble.
Aubrey McClendon’s car was traveling 78 miles per hour when it crashed, killing him on March 2, the Oklahoma City police said Monday. The shale oil pioneer’s 2013 Chevy Tahoe hit a wall and burst into flames on a two-lane road near the city.
American Energy Partners, the Oklahoma City-based oil and natural gas company founded by the late energy tycoon Aubrey McClendon, is shutting down.
Details of the crash, in which his vehicle was driving well above the speed limit at 88 miles per hour (142 kph), stunned the U.S. energy industry.
The lawsuit by AEP Chief Financial Officer Scott Mueller says portions of the $136.5 million sale of SCOOP Energy Company and SCOOP Holdings should go to him, Chief Investment Officer Ryan Turner, company lawyer Tom Blalock and other company employees.
NewsOk reports that Chesapeake agreed to pay $3.25 million in legal fees and dropped the claims for $445 million related to the data that McClendon took from the company.