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) DECEMBER 13, 2002
(DECEMBER 13, 2002)
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
13, 2002 announcing the pricing of public offering of common stock. The
following was included in the press release:
OKLAHOMA CITY, OKLAHOMA, DECEMBER 13, 2002 - Chesapeake Energy Corporation
(NYSE:CHK) today announced that it has priced a public offering of 20,000,000
shares of its common stock at $7.50 per share. All shares are being sold by
Chesapeake.
Chesapeake expects the issuance and delivery of the shares to occur on December
18, 2002. Chesapeake also has granted the underwriters a 30-day option to
purchase up to 3,000,000 additional shares of its common stock solely to cover
over-allotments, if any.
Chesapeake intends to use the net proceeds of the offering to finance, in part,
its recently announced acquisition of Mid-Continent natural gas properties from
ONEOK, Inc., which is scheduled to close in January 2003. In the event the ONEOK
acquisition is not consummated, proceeds will be used for general corporate
purposes, including possible future acquisitions.
Credit Suisse First Boston, Morgan Stanley and Salomon Smith Barney are joint
book-running managers for the offering. Bear Stearns & Co. Inc., Lehman Brothers
and Johnson Rice & Company, LLC are also managing underwriters. Copies of the
prospectus supplement and prospectus relating to the offering may be obtained
from the offices of Credit Suisse First Boston, Prospectus Department, One
Madison Avenue, New York, New York 10010, 212-325-2580, Morgan Stanley,
Prospectus Department, 1585 Broadway, New York, New York 10036, 212-761-4000,
and Salomon Smith Barney, Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, New York 11220, 718-765-6732.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any state in
which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any state.
CHESAPEAKE ENERGY CORPORATION IS ONE OF THE TEN 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.
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 13, 2002