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) February 25, 2003,
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(February 25, 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 9. REGULATION FD DISCLOSURE
Chesapeake Energy Corporation ("Chesapeake") issued a Press Release on
February 25, 2003 announcing a common stock offering. The following was included
in the Press Release:
OKLAHOMA CITY, OKLAHOMA, FEBRUARY 25, 2003 - Chesapeake Energy Corporation
(NYSE:CHK) today announced that it intends to commence a proposed public
offering of 20,000,000 shares of common stock. Chesapeake intends to use the net
proceeds of the offering to finance, in part, its recently announced acquisition
of natural gas properties from The El Paso Corporation, which is scheduled to
close in March 2003, or in the event the El Paso acquisition is not consummated,
proceeds will be used for general corporate purposes, including possible future
acquisitions.
The offering will be made under the company's existing shelf registration
statement and is expected to price the week of February 24, 2003. The company
has also granted the underwriters an option to purchase an additional 3,000,000
shares of common stock to cover over-allotments.
Credit Suisse First Boston, Morgan Stanley and Salomon Smith Barney will be
joint book-running managers for the offering. Copies of the preliminary
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.
This document contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Forward-looking statements include estimates and give our current
expectations or forecasts of future events. Although we believe our
forward-looking statements are reasonable, they can be affected by inaccurate
assumptions or by known or unknown risks and uncertainties.
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.
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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
Aubrey K. McClendon
Chairman of the Board and
Chief Executive Officer
Dated: February 25, 2003
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