Fracking pioneer, who helped lead to the US energy boom, after Oklahoma City, he was a plan to rig the bidding charging energy and natural gas a day, a fiery single car accident on Wednesday.
McClendon, 56, about 9:00 drive in a "high-speed rate", as he drove through the grass crashing head-on into a wall Oklahoma City Police Captain Paco Balderrama said at a news conference.
2013 Snow Folantahuo evolved into a fireball, charring car broken shell, according to the photographs of the scene. It is not clear if the crash was an accident.
The day before the crash Chesapeake Energy's founder and former CEO accused of engineering solutions to keep each other company's bid for oil and gas leases in the northwest Oklahoma.
Father of three adult children face up to 10 years in prison and a fine of $ 1 million in violation of antitrust laws,
McClendon, who is also a co-owner of NBA's Oklahoma City Thunder, once hailed as a visionary energy industry.
He pioneered the use of hydraulic fracturing, or "hydraulic fracturing" unlock hidden oil and gas reserves. In 1989 he founded Chesapeake, building it to become the largest US fracturing equipment.
McClendon is also known as crazy bets, sometimes lost, causing Forbes crown him "America's most reckless billionaire." Chesapeake shareholders launched him in 2013, he burst aggressive and personal expenses the company's financial condition and blend.
During his time above the Chesapeake, the company's stock reached a high of $ 66.78 per share in June 2008 it had fallen to $ 3.40 after the oil glut caused prices crater.
For more than two decades, he built a small speculators from Chesapeake to become one of the largest natural gas producers in the world, in 2013 resigned after the crisis of corporate governance and investor for his heavy spending
He was forced to leave the Chesapeake Three years later, a federal grand jury charged him with conspiracy to rig the price of oil and gas leases in charge of Oklahoma.
"As CEO, although major oil and gas companies, the defendant is formed, resulting in a conspiracy to suppress and paid to Northwest Oklahoma lessee price," Assistant US Attorney Bill Bell said in a statement on Tuesday.
The US Department of Justice said in a statement on Wednesday, the prosecutor's "sad," issued his death. The government has pledged to fight McClendon filed a complaint over him to reach out unfairly singled. "Anyone who knows me, my business records and art, and I have to work 35 years, I know not to commit violations of antitrust law," McClendon said in a statement Tuesday. "I Sherman Act because the law in more than 110 years, the oil and gas industry has been singled out as the only one, lies joint bid has been accused of such crimes were related." After the news of his death spread compassion came pouring.
"He was charming and true American entrepreneur," T · Boone Pickens, the billionaire investor can say in a statement. "No man is without faults, but his impact on US energy will be long."
