Chesapeake Energy Corp.

OKLAHOMA CITY, Dec. 15, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) announced today that Luke R. Corbett has been appointed to the Board of Directors, effective as of December 14, 2016. Corbett will serve as a member of the Audit Committee and the Nominating, Governance and Social Responsibility Committee and will stand for re-election at the 2017 annual meeting of shareholders on May 19, 2017. Chesapeake [...]

OKLAHOMA CITY, Dec. 6, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that it has priced its private placement to eligible purchasers of $1.0 billion aggregate principal amount of 8.00% senior notes due 2025. The private placement was upsized from a previously announced amount of $750 million. The notes will bear interest at a rate of 8.00% per annum, payable semi-annually on January 15 and July [...]

OKLAHOMA CITY, Dec. 6, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today that it has commenced cash tender offers (collectively, the "Tender Offers," and each offer to purchase a series of notes individually, a "Tender Offer") to purchase up to $1,200,000,000 aggregate purchase price, exclusive of accrued interest (the "Aggregate Maximum Purchase Amount"), of the outstanding notes of Chesapeake set [...]

OKLAHOMA CITY, Dec. 6, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today that it has commenced cash tender offers (collectively, the "Tender Offers," and each offer to purchase a series of notes individually, a "Tender Offer") to purchase the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). No more than $100,000,000 aggregate purchase price, exclusive of [...]

OKLAHOMA CITY, Dec. 6, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that it has commenced a private placement to eligible purchasers of $750 million aggregate principal amount of senior notes due 2025. Chesapeake intends to use the net proceeds from the offering, together with cash on hand and borrowings under its revolving credit facility, to finance tender offers for certain of its senior [...]

Transaction results in approximately $2.0 billion in gross divestiture proceeds either signed or closed to date in 2016 OKLAHOMA CITY, Dec. 5, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that it has signed an agreement to sell a portion of the company's acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximately $450 million to a private [...]

OKLAHOMA CITY, Dec. 2, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) announced today that Gloria R. Boyland has been appointed to the Board of Directors, effective as of November 30, 2016. Boyland will serve as a member of the Audit Committee and will stand for re-election at the 2017 annual meeting of shareholders on May 19, 2017. Separately, Kimberly K. Querrey has resigned from the Board of Directors, due to [...]

OKLAHOMA CITY, Nov. 3, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) today reported financial and operational results for the 2016 third quarter plus other recent developments. Highlights include: Enhanced operating and capital efficiencies drive 2016 third quarter average production of 638,100 boe per day Oil production of 86,600 barrels per day lower sequentially after divestiture impacts of 8,200 barrels [...]

Williams Partners L.P. (NYSE: WPZ) and Crestwood Equity Partners L.P. (NYSE: CEQP), as 50/50 joint venture partners in the Bucking Horse natural gas processing plant and Jackalope Gas Gathering System, today announced they have signed an agreement with Chesapeake Energy Corporation (NYSE: CHK) to restructure natural gas gathering and processing services in Wyoming’s Powder River Basin. The restructured services are [...]

The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Western District of Oklahoma on behalf of purchasers of Chesapeake Energy Corp. (NYSE: CHK) (“Chesapeake” or the “Company”) securities during the period between February 27, 2015 and September 28, 2016, inclusive (the [...]