SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
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DECEMBER 16, 2003 (DECEMBER 15, 2003)
CHESAPEAKE ENERGY CORPORATION
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(Exact name of Registrant as specified in its Charter)
OKLAHOMA 1-13726 73-1395733
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
6100 NORTH WESTERN AVENUE, OKLAHOMA CITY, OKLAHOMA 73118
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(Address of principal executive offices) (Zip Code)
(405) 848-8000
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(Registrant's telephone number, including area code)
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
Chesapeake Energy Corporation ("Chesapeake") issued a Press Release on December
15, 2003. The following was included in the Press Release:
CHESAPEAKE ENERGY CORPORATION ANNOUNCES
EARLY RESULTS OF EXCHANGE OFFER
OKLAHOMA CITY, DECEMBER 15, 2003 - Chesapeake Energy Corporation (NYSE:CHK)
announced today that pursuant to its previously announced exchange offer (the
"Offer") for its 8.125% Senior Notes due April 1, 2011 (the "Notes") (CUSIP #
165167AS6), it has received valid tenders of approximately $377.1 million
aggregate principal amount of Notes as of the early participation date.
Approximately $125.2 million aggregate principal amount of Notes have been
tendered in exchange for new 7.75% Senior Notes due 2015 and approximately
$251.8 million aggregate principal amount of Notes have been tendered in
exchange for new 6.875% Senior Notes due 2016.
Holders who validly tendered their Notes by 5:00 p.m., New York City time, on
December 12, 2003, the early participation date, will receive, in addition to
new notes, $10.00 in cash per $1,000 principal amount of Notes validly tendered
and accepted for exchange. Notes tendered pursuant to the Offer may no longer be
withdrawn.
The Offer will remain open until 12:00 midnight, New York City time, on December
29, 2003, unless extended. Payment for all Notes validly tendered and accepted
for payment is expected to be made on December 31, 2003.
The terms of the Offer are described in the Company's Offer to Exchange dated
December 1, 2003, copies of which may be obtained from D.F. King & Co., Inc.,
the information agent for the Offer, at (800) 431-9633 (U.S. toll-free) and
(212) 269-5550 (collect).
Banc of America Securities LLC, Deutsche Bank Securities and Lehman Brothers are
the joint lead dealer managers in connection with the Offer. Questions regarding
the Offer may be directed to Banc of America Securities LLC, High Yield Special
Products, at 888-292-0070 (US toll-free) and 704-388-4813 (collect), Deutsche
Bank Securities, High Yield Capital Markets, 212-250-7466 (collect) or Lehman
Brothers, 800-438-3242 (U.S. toll-free) and 212-528-7581 (collect).
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offering, solicitation or sale would be
unlawful.
CHESAPEAKE ENERGY CORPORATION IS ONE OF THE SIX LARGEST INDEPENDENT NATURAL GAS
PRODUCERS IN THE U.S. HEADQUARTERED IN OKLAHOMA CITY, THE COMPANY'S OPERATIONS
ARE FOCUSED ON EXPLORATORY AND DEVELOPMENTAL DRILLING AND PRODUCING PROPERTY
ACQUISITIONS IN THE MID-CONTINENT REGION OF THE UNITED STATES.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CHESAPEAKE ENERGY CORPORATION
BY: /S/ AUBREY K. MCCLENDON
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AUBREY K. MCCLENDON
Chairman of the Board and
Chief Executive Officer
Dated: December 16, 2003
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