Press Releases
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May 31, 2011Tender Offer for Bronco Shares Extended Through June 3, 2011
OKLAHOMA CITY, May 31, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) and Bronco Drilling Company, Inc. (NASDAQ: BRNC) today announced that they entered into an agreement in...
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May 18, 2011Tender Offer for Bronco Shares Extended Through May 31, 2011
OKLAHOMA CITY, May 18, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) and Bronco Drilling Company, Inc. (NASDAQ: BRNC) today announced that they have entered into a memorandum of...
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May 18, 2011
OKLAHOMA CITY, May 18, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced it has been selected to receive the Oil and Gas Investor Excellence Award for the 2010 M&A...
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May 16, 2011
OKLAHOMA CITY, May 16, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE: CHK) today announced the expiration and final results of its previously announced cash tender offers, which were...
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May 10, 2011Partnership Reports 2011 First Quarter Net Income of $39 Million and Adjusted Ebitda of $72 Million Partnership Increases Cash Distribution
OKLAHOMA CITY, OKLAHOMA, MAY 10, 2011 – Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2011 first quarter. Net income for the quarter totaled $38.8...
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May 9, 2011Temasek and RRJ Capital Consortium Acquire Co-Founders' 70% Stake; As Part of Transaction, Chesapeake Receives $200 Million Cash Distribution and Increases Equity Stake to 30% from 26%; Company Believes its Stake Likely Worth at Least $1.5 Billion by Year-end 2011
OKLAHOMA CITY, May 09, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the completion of a recapitalization of privately held Frac Tech Holdings, LLC. In the...
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May 9, 2011
OKLAHOMA CITY, May 09, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced it will webcast its 2011 Institutional Investor and Analyst Meeting. The meeting will...
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May 4, 2011
OKLAHOMA CITY, May 04, 2011 (BUSINESS WIRE) -- Aubrey K. McClendon, CEO of Chesapeake Energy Corporation (NYSE:CHK) since its founding 22 years ago, was recently named to the Forbes "CEO 20-20...
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May 2, 2011
OKLAHOMA CITY, May 02, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the expiration and final results of its previously announced cash tender offers to purchase...
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May 2, 2011
OKLAHOMA CITY, May 02, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the expiration and final results of its previously announced cash tender offers to purchase...
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May 2, 2011Company Reports 2011 First Quarter Net Loss to Common Stockholders of $205 Million, or $0.32 per Fully Diluted Common Share, on Revenue of $1.6 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $518 Million, or $0.75 per Fully Diluted Common Share, Adjusted Ebitda of $1.3 Billion and Operating Cash Flow of $1.4 Billion 2011 First Quarter Production Averages 3.107 Bcfe per Day, an Increase of 20% over 2010 First Quarter Production and 6% over 2010 Fourth Quarter Production; 2011 First Quarter Liquids Production Increases 56% Compared to the 2010 First Quarter and 9% Compared to the 2010 Fourth Quarter; 2011 First Quarter Liquids Production Accounts for 13% of Total Production and 23% of Realized Natural Gas and Oil Revenue Proved Reserves Total 15.6 Tcfe Following the Sale of 2.5 Tcfe of Proved Reserves; Company Adds New Net Proved Reserves of 1.3 Tcfe Through the Drillbit at a Drilling and Completion Cost of $1.25 per Mcfe Company's Leasehold Reaches 1.2 Million Net Acres in the Utica Shale Play in the Appalachian Basin and 1.1 Million Net Acres in the Mississippian Carbonate Play in Northern Oklahoma and Southern Kansas; JV Process is Expected to Commence for Each Play in the 2011 Second Half Company Highlights its Oilfield Service Vertical Integration Strategy and Estimates that its Oilfield Service Assets Are Worth Approximately $7.0 Billion
OKLAHOMA CITY, OKLAHOMA, MAY 2, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced its 2011 first quarter financial and operational results. For the quarter, Chesapeake reported a...
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Apr 28, 2011
OKLAHOMA CITY, Apr 28, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has determined the Purchase Price to be paid in connection with its pending cash...
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Apr 26, 2011
OKLAHOMA CITY, Apr 26, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) announced today that it, through a new wholly owned subsidiary, Nomac Acquisition, Inc., is commencing a...
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Apr 26, 2011
OKLAHOMA CITY, Apr 26, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Apr 18, 2011
OKLAHOMA CITY, Apr 18, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE: CHK) today announced the early tender results for its previously announced cash tender offers to purchase a...
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Apr 15, 2011Bronco’s Shareholders to Receive $11.00 Per Share in Cash Chesapeake Will Add 22 Drilling Rigs to Assist in Ramp-up of Company’s Liquids-Focused Drilling Programs
OKLAHOMA CITY, Apr 15, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) and Bronco Drilling Company, Inc. (NASDAQ/GS: BRNC) today announced that they have entered into a definitive...
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Apr 15, 2011
OKLAHOMA CITY, Apr 15, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2011 first quarter financial results to be released after the close of trading on...
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Apr 14, 2011
OKLAHOMA CITY, Apr 14, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the pricing of its previously announced offering of $350 million of senior notes due...
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Apr 12, 2011
OKLAHOMA CITY, Apr 12, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today furthered its commitment to progressive operational, environmental and safety standards by formally...
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Apr 11, 2011
OKLAHOMA CITY, Apr 11, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that it has commenced an offering, through a private placement, of $350 million of...
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Apr 11, 2011
OKLAHOMA CITY, Apr 11, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK), one of the first energy companies to call for disclosure of additives used in the hydraulic fracturing...
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Apr 5, 2011800th Vehicle Converted Keeps Company on Track to Transition Its Entire 4,200-Vehicle Fleet by 2014 to 100% Compressed Natural Gas Chesapeake, America’s Second-Largest Producer of Natural Gas, Expects $11 Million in Annual Fuel Savings by Switching Fleet from Gasoline to Natural Gas
OKLAHOMA CITY, Apr 05, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) announced today that it continues to make significant progress towards its goal of converting its entire...
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Apr 4, 2011
OKLAHOMA CITY, Apr 04, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2011 first quarter operational update and financial results to be released after the close...
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Apr 4, 2011
OKLAHOMA CITY, Apr 04, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has commenced tender offers to acquire a portion of the outstanding principal amount...
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Apr 4, 2011
OKLAHOMA CITY, Apr 04, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has commenced tender offers to acquire a portion of the outstanding principal amount...
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Mar 31, 2011
OKLAHOMA CITY, Mar 31, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the closing of a transaction to sell its Fayetteville Shale assets to BHP Billiton...
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Mar 7, 2011
OKLAHOMA CITY, OKLAHOMA, MARCH 7, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.075 per share quarterly dividend that will be paid...
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Mar 1, 2011Partnership Reports 2010 Fourth Quarter Net Income of $90 Million and Adjusted Ebitda of $116 Million Partnership Completes Acquisition of Springridge Gathering System from Chesapeake Energy Corporation Partnership Reaffirms 2011 Outlook and Capital Program
OKLAHOMA CITY, OKLAHOMA, MARCH 1, 2011 – Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2010 fourth quarter. The results include the Partnership's...
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Feb 22, 2011Company Reports 2010 Fourth Quarter Net Income to Common Stockholders of $180 Million, or $0.28 per Fully Diluted Common Share, on Revenue of $2.0 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $478 Million, or $0.70 per Fully Diluted Common Share, Adjusted Ebitda of $1.3 Billion and Operating Cash Flow of $1.2 Billion 2010 Full Year Net Income to Common Stockholders Was $1.7 Billion, or $2.51 per Fully Diluted Common Share, on Revenue of $9.4 Billion; 2010 Full Year Adjusted Net Income Available to Common Stockholders Was $2.0 Billion, or $2.95 per Fully Diluted Common Share, 2010 Full Year Adjusted Ebitda and Operating Cash Flow Were $5.1 Billion and $4.5 Billion, Respectively 2010 Full Year Production Averages 2.836 Bcfe per Day, an Increase of 14% Year over Year; 2010 Year-End Proved Reserves Reach 17.1 Tcfe; Company Adds Proved Reserves of 5.1 Tcfe through the Drillbit at a 2010 Full Year Drilling and Completion Cost of $1.07 per Mcfe
OKLAHOMA CITY, OKLAHOMA, FEBRUARY 22, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2010 fourth quarter and full year. For the 2010...
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Feb 21, 2011
OKLAHOMA CITY, Feb 21, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced it has agreed to sell all of the company’s interests in approximately 487,000 net acres of...
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Feb 17, 2011
OKLAHOMA CITY, Okla., Feb 16, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) and CNOOC Limited (NYSE:CEO; SEHK:00883) today announced the closing of a project cooperation...
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Feb 8, 2011
OKLAHOMA CITY, Feb 08, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it is commencing a public offering of $1.0 billion of Senior Notes due 2021. Chesapeake...
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Feb 8, 2011
OKLAHOMA CITY, Feb 08, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has priced its previously announced public offering of $1.0 billion principal amount...
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Feb 7, 2011
OKLAHOMA CITY, Feb 07, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) announced that, as part of its 2011-12 strategic and financial “25/25 Plan,” the company has decided to...
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Jan 31, 2011
OKLAHOMA CITY, Jan 31, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Jan 30, 2011
OKLAHOMA CITY, Okla., Jan 30, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation ("Chesapeake", NYSE:CHK) and CNOOC Limited (NYSE:CEO; SEHK:0883) today announced the execution of an agreement...
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Jan 24, 2011
OKLAHOMA CITY, Jan 24, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its board of directors has extended an invitation to Louis A. Simpson to join the...
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Jan 20, 2011
OKLAHOMA CITY, Jan 20, 2011 (BUSINESS WIRE) -- FORTUNE announced today that Chesapeake Energy Corporation (NYSE:CHK) has been named one of the "100 Best Companies to Work For" in the U.S. for the...
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Jan 18, 2011
OKLAHOMA CITY, Jan 18, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2010 fourth quarter and full year operational update and financial results to be released...
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Jan 6, 2011Fourth Quarter 2010 Production of 2.9 Bcfe per Day Decreases 4% Sequentially and Increases 11% Year over Year; Full-Year 2010 Production of 2.8 Bcfe per Day Increases 14% Year over Year; Preliminary Estimate of Year-End 2010 Proved Reserves is 16.9 Tcfe For 2011-12, Company Plans to Reduce Long-Term Debt by 25% by Substantially Reducing Leasehold Spending and By Reducing its Two-Year Production Growth Rate to 25% from its Previously Planned Growth Rate of 30-40% Through Asset Monetizations Company Announces Hedging Covers 96% of its Projected 2011 Natural Gas Production at an Average Price of $5.84 per Mcf
OKLAHOMA CITY, Jan 06, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today provided a preliminary 2010 operational report and a 2011-12 strategic and financial plan update. The...
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Dec 20, 2010
OKLAHOMA CITY, Dec 20, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.075 per share quarterly dividend that will be...
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Dec 16, 2010
OKLAHOMA CITY, Dec 16, 2010 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced it has agreed to acquire the Springridge natural gas gathering system and related...
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Nov 16, 2010
HONG KONG, Nov 15, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) and CNOOC Limited (NYSE:CEO) (SEHK:00883) today announced the closing of a project cooperation agreement whereby...
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Nov 9, 2010Partnership Reports 2010 Third Quarter Net Income of $33 Million and Adjusted Ebitda of $59 Million Partnership Declares Prorated Cash Distribution of $0.2165 per Unit
OKLAHOMA CITY, OKLAHOMA, NOVEMBER 9, 2010 – Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2010 third quarter. Net income for the quarter totaled $33.4...
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Nov 3, 2010Company Reports 2010 Third Quarter Net Income to Common Stockholders of $515 Million, or $0.75 per Fully Diluted Common Share, on Revenue of $2.6 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $478 Million, or $0.70 per Fully Diluted Common Share, Adjusted Ebitda of $1.3 Billion and Operating Cash Flow of $1.1 Billion Company Reports 2010 Third Quarter Production of 3.043 Bcfe per Day, an Increase of 23% over 2009 Third Quarter Production and 9% over 2010 Second Quarter Production; 2010 Third Quarter Liquids Production Increases 50% Year-over-Year to 10% of Total Production and 17% of Realized Natural Gas and Oil Revenue Company Expects Production Growth of Approximately 13% in 2010, 18% in 2011 and 18% in 2012, Including Liquids Production Growth of Approximately 60% in 2010, 80% in 2011 and 60% in 2012 Proved Reserves Reach 16.2 Tcfe; Company Adds Proved Reserves of 4.0 Tcfe through the Drillbit for the First Three Quarters of 2010 at a Drilling and Completion Cost of $0.97 per Mcfe
OKLAHOMA CITY, OKLAHOMA, NOVEMBER 3, 2010 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2010 third quarter. For the 2010 third quarter,...
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Oct 26, 2010
OKLAHOMA CITY, Oct 26, 2010 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a prorated quarterly...
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Oct 20, 2010
OKLAHOMA CITY, Oct 20, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced a revised schedule for the release of its 2010 third quarter financial and operational...
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Oct 19, 2010
OKLAHOMA CITY, Oct 19, 2010 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE: CHKM) has scheduled its 2010 third quarter financial results to be released after the close of trading on...
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Oct 13, 2010
OKLAHOMA CITY, Oct 13, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that Marcus C. Rowland, 58, its Chief Financial Officer for the past 18 years, will resign...
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Oct 10, 2010
OKLAHOMA CITY, Oct 10, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation ("Chesapeake", NYSE: CHK) and CNOOC Limited (NYSE: CEO; SEHK:00883) today announced the execution of an agreement...