Quote Originally Posted by RedDollar View Post
That's pretty much SOP in the oil industry, you get a lease, then you find the money to drill it, and you spread the risk.
Well there are different ways of going about it, but in general yes you're correct. You, Billy Bob or myself don't have to agree with the way McClendon is running the company...but frankly he doesn't give a flying crap what we think and I'm not sure he should.

He definitely has questionable judgement IMO with regard to mixing personal finances/business but I certainly wish no ill on CHK or their employees. The company's financials are ok if they cut their capital expenditures...so all this talk of bankruptcy seems premature and frankly it's downright scary for OKC. Even if you disapprove of some decisions made, you shouldn't root for a company to go belly up...