Markets Magazine
McClendon Eating Healthy No Help in Bet Undermining Chesapeake
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Aubrey McClendon tried to eat healthy on the morning of Jan. 10, 2007. No home fries, he told the waitress at the International House of Pancakes in Oklahoma City. Order the special with grits, she suggested. He’d save 25 cents.
Across from him sat Ronnie Irani, a local petroleum engineer. Irani says he was trying to convince McClendon, the chief executive officer of Chesapeake Energy Corp., to join him in staking a claim to more than 5 billion barrels of oil trapped beneath Wyoming’s Powder River Basin.