SPECIAL TO THE LOG CABIN
LITTLE ROCK — Chesapeake Energy donated a truck to each of the five counties that make up the core operating area of the Fayetteville Shale on Tuesday. Chesapeake recently celebrated 21 years as a domestic natural gas exploration, drilling and production company.
“Today, we donated a total of five trucks,” said Danny Games, senior director of corporate development for Chesapeake in Arkansas. “That brings our grand total of truck donations since 2005 to 21, one for each year our company has been in business.”
The trucks are quality, well-maintained vehicles that once belonged to the company’s corporate fleet.
County judges from Cleburne, Conway, Faulkner, Van Buren and White counties were on hand to receive the keys to their respective trucks. To determine the specific vehicles that they would receive, each judge drew a number from a Chesapeake hard hat. The number that corresponded with the number on the truck was the one in which they would drive away.
“We appreciate this truck donation from Chesapeake,” Faulkner County Judge Preston Scroggin said. “The company continues to be a good partner and a supportive investor in our communities.”
Most judges indicated that the trucks they received will be used by their respective county road departments, which are responsible for maintain roads that are often impacted by the large amount of truck traffic that results from the drilling activity.
“This donation will allow us to redirect funds, originally intended for a vehicle purchase, to other critical areas in our road department,” Cleburne County Judge Claude Dill said.
Chesapeake is the second largest natural gas producer in the Fayetteville Shale with almost 740 producing wells and current net production of approximately 415 million cubic feet of natural gas per day. The company owns approximately 487,000 net acres of leasehold.
Chesapeake Energy Corporation is the second-largest producer of natural gas and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Barnett, Fayetteville, Haynesville, Marcellus and Bossier natural gas shale plays and in the Eagle Ford, Granite Wash and various other unconventional oil plays. The company has also vertically integrated its operations and owns substantial midstream, compression, drilling and oilfield service assets. Further information is available at www.chk.com.
Comments (6)
Add commentdoes this gesture by Chesapeake pass the smell test?
It is a nice gesture that Chesapeake is donating trucks and 21 of them at that. Of course, it is good PR and also a tax write off for them likely after the vehicles have been depreciated too.
But beyond that I really wonder if it is appropriate for a company like Chesapeake to be giving gifts and then of all things having Judges "sponsor" the event and thanking Chesapeake.
I mean, I get it, but something doesn't feel right about it. Just something to think about. What if there was a need for legal action at a later date, could these gifts interfere in any way?
I just don't know...
Wilson
pro-natgas drilling
Quakes for Trucks
Sorry about the quakes.....here are some trucks
Movie and Panel Discussion
February 28th Gasland Showing is at 7:00PM at Hendrix College 172-173 Worsham Hall, Conway, AR
March 1 Panel Discussion,7:30 PM
featuring Josh Fox, Mayor Tillman, and Industry Representatives
Hendrix College, Staples Hall, Conway, AR
Come out and see the true impacts of natural gas drilling and fracking and see if your future is worth a used truck for Faulkner County. Please bring your friends, family, and others shaken by current earthquakes, gas drilling abuses, and decreasing ground water quality.
Citizens who appeared in the Arkansas footage of Gasland will also be on hand for the event.
county judges
Are the first ones who have to hit up the energy companies when roads get tore up by the equipment.
Now they can state "You owe us," after pulling up to a stop in an energy company provided truck.
Yeah, sounds about right.
The place I work has several short videos and hour long classes
On this sort of thing. This should have raised all kinds of red flags! Looks like it could lead to a conflict of interest to me.
You may be forgetting...
...that Chesapeake is selling its interest in the Fayetteville shale. It will no longer be a player in this market, thus it won't be around to garner favors from the donations.
http://thecabin.net/news/2011-02-07/chesapeake-plans-sell-5b-assets