McClendon and $1.1 billion loan - GoHaynesvilleShale.com2024-03-28T10:04:01Zhttps://gohaynesvilleshale.com/forum/topics/chesapeake-loans-mcclendon-1-1-billion?commentId=2117179%3AComment%3A2500232&feed=yes&xn_auth=noSafeway had as.sets but is n…tag:gohaynesvilleshale.com,2012-05-03:2117179:Comment:25147092012-05-03T03:10:44.617ZKrkyoldhaghttps://gohaynesvilleshale.com/profile/CoraLeeChathamBrantley
<p>Safeway had as.sets but is no more. Stockholders lost. The board didn't.</p>
<p>Maybe the NG prices will rebound in time to put their stock back up ...if so they will survive. </p>
<p>I hope the CEO and board are honest men who can fix this rattle that is affecting their stock prices in such a negative way. </p>
<p>They pioneered the Shale boom. But just as Beta Max was better machine then VHS Sony ..we all ended up with VHS Sony's. </p>
<p>I certainly do not want all that shale gas to…</p>
<p>Safeway had as.sets but is no more. Stockholders lost. The board didn't.</p>
<p>Maybe the NG prices will rebound in time to put their stock back up ...if so they will survive. </p>
<p>I hope the CEO and board are honest men who can fix this rattle that is affecting their stock prices in such a negative way. </p>
<p>They pioneered the Shale boom. But just as Beta Max was better machine then VHS Sony ..we all ended up with VHS Sony's. </p>
<p>I certainly do not want all that shale gas to be owned by foreign investors.</p> Jay,
I agree. The problem tod…tag:gohaynesvilleshale.com,2012-05-03:2117179:Comment:25146962012-05-03T02:37:10.273ZJoe Aldridgehttps://gohaynesvilleshale.com/profile/JoeAldridge
<p>Jay,</p>
<p>I agree. The problem today is this society is an "instant gratification" one. If you can't deliver on that schedule you are screwed especially if you are a public company. The value of the NG resource will come back. His problem was he and the other companies found too much and he leveraged too much getting getting it.</p>
<p>Jay,</p>
<p>I agree. The problem today is this society is an "instant gratification" one. If you can't deliver on that schedule you are screwed especially if you are a public company. The value of the NG resource will come back. His problem was he and the other companies found too much and he leveraged too much getting getting it.</p> Touched a nerve there, huh? …tag:gohaynesvilleshale.com,2012-05-03:2117179:Comment:25148612012-05-03T01:35:29.709ZMaxhttps://gohaynesvilleshale.com/profile/Max
<p></p>
<p>Touched a nerve there, huh? </p>
<p>Crooks are crooks. If there's a snake in the wood pile, sooner or later, he'll bite you.</p>
<p></p>
<p>Touched a nerve there, huh? </p>
<p>Crooks are crooks. If there's a snake in the wood pile, sooner or later, he'll bite you.</p> Max,
I don't know where your …tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25145052012-05-02T21:49:23.561ZJoe Aldridgehttps://gohaynesvilleshale.com/profile/JoeAldridge
<p>Max,</p>
<p>I don't know where your reference to ENRON comes from. Enron had no assets. They were a trading company that made money on the trade of NG, etc. CHK has assets. From rigs, to a trucking company, to actual reserves in the ground. Where are you guys getting this stuff?</p>
<p>Max,</p>
<p>I don't know where your reference to ENRON comes from. Enron had no assets. They were a trading company that made money on the trade of NG, etc. CHK has assets. From rigs, to a trucking company, to actual reserves in the ground. Where are you guys getting this stuff?</p> The current rumor is a takeov…tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25142382012-05-02T20:08:08.797ZJHHhttps://gohaynesvilleshale.com/profile/JackHodges
<p>The current rumor is a takeover of Chesapeake. But it's hard to determine the company's valuation partly due to so many investors domestically and overseas. It does't quite feel like an ENRON yet... but that's been on the mind of a lot of people for years. It's all very unfortunate. Hopefully the royalty owners and investors survive this.</p>
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<p>The current rumor is a takeover of Chesapeake. But it's hard to determine the company's valuation partly due to so many investors domestically and overseas. It does't quite feel like an ENRON yet... but that's been on the mind of a lot of people for years. It's all very unfortunate. Hopefully the royalty owners and investors survive this.</p>
<p></p> Anybody ever hear of "ENRON"?tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25143862012-05-02T19:38:55.217ZMaxhttps://gohaynesvilleshale.com/profile/Max
<p>Anybody ever hear of "ENRON"?</p>
<p>Anybody ever hear of "ENRON"?</p> Good question. Since CHK is b…tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25143612012-05-02T18:21:07.924ZKathryn Marchhttps://gohaynesvilleshale.com/profile/KathrynMarch
<p>Good question. Since CHK is booking a lot more profit on "hedging activities" than on oil and gas well drilling and production, and hedging is a largely unregulated side business per the reuters article.</p>
<p> </p>
<p>I think they make a contract between CHK and a party that needs a large volume of gas (like a power plant that generates electricity for instance). I think the difference received between the actual amount received and the spot price is booked as the profit or loss from…</p>
<p>Good question. Since CHK is booking a lot more profit on "hedging activities" than on oil and gas well drilling and production, and hedging is a largely unregulated side business per the reuters article.</p>
<p> </p>
<p>I think they make a contract between CHK and a party that needs a large volume of gas (like a power plant that generates electricity for instance). I think the difference received between the actual amount received and the spot price is booked as the profit or loss from hedging activities.</p>
<p> </p>
<p>This may all occur after CHK marketing purchases the raw gas or gas and products from you as a RI owner, likely at prevailing rates or spot or they may hedge only the fraction they own and add outside purchases later to round out the promised delivery volume. These contracts are for such large volumes, I think it would be impossible to say which contract a lessors share wound up in on any given day, but still, It's a very good question. I hope someone can clarify it.</p> Cheasapeake royalties to owne…tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25138032012-05-02T13:21:12.288ZKrkyoldhaghttps://gohaynesvilleshale.com/profile/CoraLeeChathamBrantley
<p>Cheasapeake royalties to owner I know have dropped to hundreds ...Seems the money loaned (to CEO ) is impacting the royalties as an expense. She just got this state of the art slick prospectus/annual report from them asking me how can they afford to publish this $$$ thing? I just smiled said you paid for it.</p>
<p>Cheasapeake royalties to owner I know have dropped to hundreds ...Seems the money loaned (to CEO ) is impacting the royalties as an expense. She just got this state of the art slick prospectus/annual report from them asking me how can they afford to publish this $$$ thing? I just smiled said you paid for it.</p> Sorry,
one more observation.…tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25136352012-05-02T13:03:56.933ZJHHhttps://gohaynesvilleshale.com/profile/JackHodges
<p>Sorry,</p>
<p>one more observation. what ever happened to CEMI... Chesapeake Energy Marketing Inc.? Remember when royalty owners received a much lower price for NG when sold through CEMI? Was just wondering if that got worked out.</p>
<p>Sorry,</p>
<p>one more observation. what ever happened to CEMI... Chesapeake Energy Marketing Inc.? Remember when royalty owners received a much lower price for NG when sold through CEMI? Was just wondering if that got worked out.</p> This was just reported on CNB…tag:gohaynesvilleshale.com,2012-05-02:2117179:Comment:25137902012-05-02T12:51:11.959ZJHHhttps://gohaynesvilleshale.com/profile/JackHodges
<p>This was just reported on CNBC... through Reuters. </p>
<p>regards...</p>
<h1>Special Report: Inside Chesapeake, CEO ran $200 million hedge fund</h1>
<p>Here's the link.</p>
<p><a href="http://www.reuters.com/article/2012/05/02/us-chesapeake-mcclendon-hedge-idUSBRE8410GG20120502" target="_blank">http://www.reuters.com/article/2012/05/02/us-chesapeake-mcclendon-hedge-idUSBRE8410GG20120502</a></p>
<p></p>
<p>This was just reported on CNBC... through Reuters. </p>
<p>regards...</p>
<h1>Special Report: Inside Chesapeake, CEO ran $200 million hedge fund</h1>
<p>Here's the link.</p>
<p><a href="http://www.reuters.com/article/2012/05/02/us-chesapeake-mcclendon-hedge-idUSBRE8410GG20120502" target="_blank">http://www.reuters.com/article/2012/05/02/us-chesapeake-mcclendon-hedge-idUSBRE8410GG20120502</a></p>
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