April 30, 2020 | 6:36 PM
Oklahoma-based company led land rush into northeast Pennsylvania at start of fracking boom Susan Phillips
Susan Phillips / StateImpact Pennslyvania
One of Pennsylvania’s largest and most controversial shale gas drillers, Chesapeake Energy, has taken steps toward filing for Chapter 11 bankruptcy, according to a Reuters report.
Under the direction of its high-spending, risk-taking CEO, Aubrey McClendon, the Oklahoma-based company led the land rush into northeast and north central Pennsylvania that helped kick off the fracking boom about a decade ago.
“They would come into a community and lease and lease and lease,” said Bill Holland, who covers natural