NMJC Receives Donation from Chesapeake Energy

Dr. McCleety Holding Chesapeake Check photoFebruary 28, 2006 — Hobbs, NM. During the February 28th dedication ceremonies of Chesapeake Energy Corporation's new North Permian Basin Field Office in Hobbs, New Mexico Junior College and College of the Southwest were each presented with a $10,000 donation "to assist with providing scholarships to deserving New Mexico students."

Aubrey K. McClendon, Chief Executive Officer of the Oklahoma-based company, made the presentation during the ceremony, which was attended by several hundred community, business, and elected leaders. "Chesapeake is pleased to make these donations, and we are honored to join the Hobbs community with a new office building and plans for hiring even more employees," McClendon said.

"The Chesapeake Scholars' program is tremendously important to our company, and we are pleased to include New Mexico Junior College and College of the Southwest in the program. Helping students obtain a college degree is a cause we strongly value as the energy industry is currently in need of well-educated young professionals," said McClendon. "Career opportunities in our industry are very bright."

McClendon pointed out that Chesapeake provides some of the highest quality jobs in the area. Because of that, they are able to enhance the quality of life for the communities to which Chesapeake brings their advanced-technology drilling programs. "We look forward to a mutually beneficial long-term working partnership with the Hobbs community and residents throughout the region and are excited to establish deeper roots through the opening of our new field office."

According to Dr. Steve McCleery, President of New Mexico Junior College, Chesapeake is providing "a genuine opportunity" for Lea County. "We are appreciative of Chesapeake’s commitment and the partnership this creates," he said. "Chesapeake will benefit because this is a phenomenal community in which to do business, raise a family, and live and work."

"In turn," McCleery assured, "we are committed to working with Chesapeake to develop and provide training when needed through our outstanding school systems and colleges."

Chesapeake is the nation's most active driller for natural gas with over 75 rigs actively drilling new wells. In addition, Chesapeake is the second largest independent U.S. natural gas producer. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and property acquisitions in the Mid-Continent, Permian Basin, South Texas, Texas Gulf Coast, ARK-LA-TX, and Appalachian Basin regions of the United States.

Chesapeake's new North Permian Basin Field Office in Hobbs, located at 1616 West County Road, employs approximately 60 energy professionals in the area, with additional hiring anticipated throughout the Permian Basin region in the coming months.

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