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Thunder co-owner indicted on conspiracy charges related to energy leases

An owner of the NBA's Thunder was indicted Tuesday in an Oklahoma City court on federal conspiracy charges.

Aubrey McClendon is facing charges of conspiring to rig bids for oil and natural gas leases. The U.S. Department of Justice alleges McClendon orchestrated a scheme for two competing companies not to bid against each another for purchases of leases in Oklahoma. Those leases would give a company the right to draw oil and natural gas from the land for a certain period of time.

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The alleged conspiracy took place between 2007 and 2012 when McClendon was the CEO of Chesapeake Energy, according to the indictment.