Visionary? Yes. Still, McClendon's Complex Legacy a Cautionary Tale

摘要

With his untimely death last week, Aubrey McClendon left a complex legacy that should give current and future energy executives a lot to embrace — and perhaps even more to reject. Often called a visionary and pioneer, the former Chesapeake Energy CEO was among the first to adopt the powerful combination of horizontal drilling and hydraulic fracturing. The gamble paid off in spades as the small US Midcontinent producer he co-founded at the age of 29 ballooned into the second-largest US gas producer and McClendon embarked on an unprecedented land grab across all major US producing basins.