KTOK Reports McClendon's Land Buys

Oklahoma City radio station KTOK-AM 1000 reports today that Aubrey McClendon, CEO of Chesapeake Energy, has spent $27 million buying up land in northern and northeastern Oklahoma County through his "Arcadia Farms LLC" entity. KTOK's Jerry Bohnen quotes McClendon as saying the purchases are being made for investment purposes. McClendon's latest purchase was a huge tract at Northwest 192nd and May Avenue. More details here.

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