Chesapeake Plans to Sell a Portion of Their Haynesville Shale Acreage (11/3/09)

During today's conference call Aubrey McClendon made the following statement:

"One of the things that we will do, Biju, is that we have started a process of selling or offering for sale I should say a portion of our acreage in the Haynesville that we are not going to be able to get to. Other companies will like that very much, and there's a lot of would be in East Texas and some of it would be north of Shreveport. It’s what we do all the time, basically trim away some things that either don't look good to us and might to other people and some things that perhaps we're not as focused on or can't get to."

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42

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