Friday, February 1, 2013

Worst CEO title

We received this email with some interesting information and a link.  Check them both out.

We bet you'll never guess WHO made the list.  Here's just one more reason WHY.

Did you sign a gas lease?  Did the Fort Worth City Council tell you this could happen if you signed?  (Obviously CHK or the landman wouldn't tell you).  I quote from near the bottom of the appended article:

What really caught me eye, however, was the fact that contractors who aren’t being paid by Chesapeake are now placing liens on the properties of landowners who leased their oil and gas rights.

The City Council was supposed to do due diligence on the part of the people before getting into bed with the drillers? Did they? NO!!!

http://ecowatch.org/2012/worst-ceo-of-2012/

We hear the "terminated" CEO was given millions to go away.  Tough break.

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