Just one day after the DOJ unveiled its had indicted Chesapeake Founder and former CEO Aubrey McClendon on federal charges of conspiring to rig bids for oil and natural gas leases, moments ago the Oklahoma Police announced that he was found dead in a car accident, when while traveling in a 2013 Chevy Tahoe at a high rate of speed he crashed while driving on a two-lane highway and was engulfed in flames.
- FORMER CHESAPEAKE CEO MCCLENDON DEAD AFTER CAR ACCIDENT: CNBC
- OKLAHOMA CITY POLICE SAY AUBREY MCCLENDON DEAD
- MCCLENDON WAS GOING FASTER THAN SPEED LIMIT: POLICE
- MCCLENDON WAS ALONE IN 2013 CHEVY TAHOE WHEN HE CRASHED
- MCCLENDON’S VEHICLE ENGULFED IN FLAMES AFTER CRASH
The police adds that it responded at 9:12 am to a fatality accident involving McClendon, and that he was traveling south on Midwest Blvd., between Memorial and 122nd St.. The scene of the crash:
Oklahoma Police reveals more details on the crash in the CNBC clip below:
Earlier today, McClendon released the following statement regarding the DOJ indictment:
“The charge that has been filed against me today is wrong and unprecedented. I have been singled out as the only person in the oil and gas industry in over 110 years since the Sherman Act became law to have been accused of this crime in relation to joint bidding on leasehold. Anyone who knows me, my business record and the industry in which I have worked for 35 years, knows that I could not be guilty of violating any antitrust laws. All my life I have worked to create jobs in Oklahoma, grow its economy, and to provide abundant and affordable energy to all Americans. I am proud of my track record in this industry, and I will fight to prove my innocence and to clear my name.” – Aubrey McClendon
And now let the speculation begin whether this was a suicide.
More details to come.
via Zero Hedge http://ift.tt/1OQPgd3 Tyler Durden