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8-K - FORM 8-K - CHESAPEAKE ENERGY CORPd365357d8k.htm
EX-2.1 - PURCHASE AGREEMENT, DATED JUNE 7, 2012 - CHESAPEAKE ENERGY CORPd365357dex21.htm
EX-2.2 - PURCHASE AGREEMENT, DATED JUNE 7, 2012 - CHESAPEAKE ENERGY CORPd365357dex22.htm
EX-99.1 - PRESS RELEASE DATED JUNE 8, 2012 - CHESAPEAKE ENERGY CORPd365357dex991.htm

Exhibit 99.2

 

News Release

   LOGO

 

 

FOR IMMEDIATE RELEASE

JUNE 12, 2012

CHESAPEAKE ENERGY CORPORATION DECLARES QUARTERLY

COMMON AND PREFERRED STOCK DIVIDENDS

OKLAHOMA CITY, OKLAHOMA, JUNE 12, 2012 – Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on July 31, 2012 to common shareholders of record on July 16, 2012. Chesapeake has approximately 662 million common shares outstanding. In addition, Chesapeake’s Board has declared dividends on its outstanding convertible preferred stock issues, as stated below.

 

     4.50%     5% (2005B)     5.75%     5.75% (Series A)  

NYSE Symbol

    CHK Pr D        N/A        N/A        N/A   

Date of Original Issue

    September 14, 2005        November 8, 2005        May 17, 2010        May 17, 2010   

Registered CUSIP

    165167842        165167826        N/A        N/A   

144A CUSIP

    N/A        165167834        165167776        165167784   

RegS CUSIP

    N/A        N/A        U16450204        U16450113   

Clean (no legends) CUSIP

    N/A        N/A        165167768        N/A   

Par Value per Share

  $ 0.01      $ 0.01      $ 0.01      $ 0.01   

Shares Outstanding

    2,558,900        2,095,615        1,497,000        1,100,000   

Liquidation Preference per Share

  $ 100      $ 100      $ 1,000      $ 1,000   

Record Date

    September 4, 2012        August 1, 2012        August 1, 2012        August 1, 2012   

Payment Date

    September 17, 2012        August 15, 2012        August 15, 2012        August 15, 2012   

Amount per Share

  $ 1.125      $ 1.25      $ 14.375      $ 14.375   

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids 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 Marcellus, Haynesville, Bossier, and Barnett natural gas shale plays and in the Eagle Ford, Utica, Mississippi Lime, Granite Wash, Cleveland, Tonkawa, Niobrara, Bone Spring, Avalon, Wolfcamp and Wolfberry unconventional liquids plays. The company has also vertically integrated its operations and owns substantial marketing, midstream and oilfield services businesses directly and indirectly through its subsidiaries Chesapeake Energy Marketing, Inc., Chesapeake Midstream Development, L.P. and Chesapeake Oilfield Services, L.L.C. and its affiliate Chesapeake Midstream Partners, L.P. (NYSE:CHKM). Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.

 

 

 

CHESAPEAKE CONTACTS:

   MEDIA CONTACTS:    CHESAPEAKE ENERGY CORPORATION

Jeffrey L. Mobley, CFA

(405) 767-4763

jeff.mobley@chk.com

  

John J. Kilgallon

(405) 935-4441

john.kilgallon@chk.com

   Michael Kehs

(405) 935-2560

michael.kehs@chk.com

   Jim Gipson

(405) 935-1310

jim.gipson@chk.com

   6100 North Western Avenue

P.O. Box 18496

Oklahoma City, OK 73154