In the United States, we have private property. The neighborhood and property CHK has purchased is not collectively owned. It was owned by private individuals and sold for a pretty penny to an owner who can and will do whatever it wants to do with the property subject to zoning, etc.

That's CHK's right.

Whether the city is better or worse off with a sprawling, beautiful corporate campus in that area is a matter of opinion. I can almost guarantee you though that the tax dollars generated by that campus will be nothing to sneeze at and will ultimately benefit all of Oklahoma City by padding the city coffers, which will in turn enhance our ability to provide services to all of the people rather than benefiting the NIMBYs living in the Nichols Hills area.

For all your shrill collectivist notions, you apparently can't see past the nose on your face. What CHK is doing, whether intentional or not, is a good thing for the folks in Nichols Hills just as it is good for the fine people living in the NE or SW parts of town.

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Does anyone know what they're building at 67th and Classen? Its a half cylinder shaped building that just has the frame up right now. Is this even Chesapeakes property?

Wine cellar for AKM...amazing collection.

Tuck, Aubrey is building a private wine cellar for his personal use on commercial property?

.oO(he's the BMOC. Maybe he spends more time there than home?)Oo.

Ahh, I guess AKM is his initials. I was confused at first. So he's building a private wine cellar with, um, private money?

Curious, I looked around a little and found this, which I believe is the cellar we speak of:
Vintrust Home
Vintrust About Team

I'm not sure how this property is CURRENTLY zoned, but there will be a wine cellar there.

There was a small office building that had been on that land that was demolished in 2007.

The ownership of it now says "OKC Wine Management LLC".

There ya have it!!!

i heard rumors that the property that you are referring to is a cellar and garage for his cars.

Yesterday afternoon the OKC City Council voted unanimously to allow CHK to close NW 60th street so they can begin construction on the new Day Care Center.

CHK arrived with their posse, complete with a young woman due to have her child in 10 days. What a trooper. The CHK spin-mistress spoke in no uncertain terms about the rosy future of CHK, and how none of their expansion plans had changed. Dennis Box opined as to how great a neighbor CHK has been to the remaining residents of the neighborhood.

The folks that came to discuss the street closing were given their time at the podium, but it was clear that the outcome had been predetermined. It was interesting to note that Mick Cornett had no answer to the question of what would happen to the street if CHK was unable or unwilling to build their day care center.

The entire thing is on the OKC website. I especially like to listen to the City Council member's responses.

I certainly hope CHK can get back on track... I've heard guesses from 7 to 10 years before they can continue the expansion they had planned...

I don't want to go back to 1980 again..

TV Commercials | Chesapeake - Doing the Nation a World of Good

Check out the "What If" commercial at the bottom. I saw this on Fox News or MSNBC or somesuch the other day. It looks really nice.

The "boathouse" spot has some really good OKC footage.

Fox reported last night that many investors believe Chesapeake will be bought soon.

I doubt that will happen. CHK is in so much debt. Nobody wants to take on all of that with gas prices in the Mid-Continent in the $3 range.

I hope not, and God forbid they do, I hope the new owners would keep them in OKC.

Regardless of whether Chesapeake gets purchased by someone else or not, don't you think it'll rebound at some point? It seems to me that it HAS to unless we suddenly wean ourselves off oil and gas...and I don't see that happenin' any time soon.

The Wall Street Journal had an article about BP yesterday, which said they were not interested in purchasing Chesapeake. They're the company I'd heard might be most likely to do so.

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Well that's good to hear. I've also heard ExxonMobil, but that's been rumored for years...

The Yahoo message boards have BP and Encana making offers.

The only thing I see is BP possibly buying up assests from the company, not the company itself. Also, CHK has secured a pretty sizeable line of credit.

CHK is looking to sell some of it's assets and I think some people are confusing that with selling the entire company.

Their stock is way up today, as is Devon's.

Aubrey leveraged his position to ensure that a) CHK would be protected from takeover and (b to maintain control to execute his vision. But now we have ~33M shares swirling around, at a tiny fraction of PE. This kind of blood in the water can draw sharks.

Having said that, any entity looking to take over CHK would not only be saddled with debt, but would also have to contend with a partially completed campus and a somewhat non-traditional Corporate culture. Yet, CHK lists some 30B+ in real assests, less ~12B in market cap + (some amount) of debt.

And their proprietary technology. CHK is a leader in some of the most technically challenging techniques in the business. It is not impossible that another buyer might emerge, one that would be quite happy to dump all of the assets, yet keep the tech. Who would have this kind of money?

China.

Maybe the Wildcat cafe should start keeping Bak Choy, squid and dog handy. You know, just in case.

Anyone know what the new glass bldg. on campus is?