Chesapeake Energy Corp. today announced the commencement of private offers of up to $1,500,000,000 aggregate principal amount of its new 11.5% Senior Secured Second Lien Notes due 2025 in exchange for certain outstanding senior unsecured notes issued by the Company, upon the terms and subject to the conditions set forth in the Company's confidential offering memorandum and the related letter of transmittal, each dated [...]
On November 12, 2019, representatives of NGP Energy Capital Management, L.L.C. , the beneficial owner of 310,812,722 shares of common stock of Chesapeake Energy Corp. , informed the Company that, prior to the commencement of trading, NGP, as manager of certain investment funds, made an in kind pro rata distribution of the shares of the Company to the respective partners of these investment funds. Chief Executive Officer [...]
Chesapeake Energy Corp. today reported financial and operational results for the 2019 third quarter. Highlights include: Maintaining 2019 Production and Capital Expenditure Guidance: 2019 fourth quarter oil production projected to increase approximately 10% over 2019 third quarter levels Brazos Valley sets net average oil production record of approximately 40,000 barrels of oil per day for the month of October 2019 [...]
Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% 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 165167768 165167750 144A CUSIP N/A 165167834 165167776 165167784 RegS CUSIP N/A N/A [...]
On September 9, 2019, Chesapeake Energy Corp. entered into a privately negotiated securities exchange agreement under which it has agreed to issue an aggregate of 250,721,554 shares of the company's common stock, par value $0.01 per share, in exchange for: approximately $40.0 million aggregate principal amount of its 5.75% Convertible Preferred Stock; approximately $112.7 million aggregate principal amount of its 4.875 [...]
Chesapeake Energy Corp. today reported financial and operational results for the 2019 second quarter. Highlights include: Increasing Oil Production, Enhancing Capital Efficiency, Growing Margins and Progressing Toward Sustainable Free Cash Flow Delivered record oil production of 122,000 barrels of oil per day, year-over-year growth of 36%, or 10% adjusted for asset purchases and sales; record oil mix of 25% Operating cost [...]
Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% 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 165167768 165167750 144A CUSIP N/A 165167834 165167776 165167784 RegS CUSIP N/A N/A [...]
Chesapeake Energy Corp. today reported financial and operational results for the 2019 first quarter. Highlights include: Early Brazos Valley Success: Eliminated approximately $500,000 in costs per well since February 1, 2019, with additional savings forecasted by year-end, driven by faster drilling and more fracture stimulation stages completed per day; have achieved savings of over $1 million per well on certain [...]
Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% 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 165167768 165167750 144A CUSIP N/A 165167834 165167776 165167784 RegS CUSIP N/A N/A [...]
Chesapeake Energy Corp. today announced the final results of its private offers to exchange new 8.00% Senior Notes due 2026 for certain outstanding senior unsecured notes listed in the table below . As of 11:59 p.m., New York City time, on April 1, 2019 , approximately $883.5 million aggregate principal amount, or approximately 59.7%, of Existing Notes had been validly tendered and not validly withdrawn. The following [...]
Chesapeake Granite Wash Trust on March 22, 2019 filed its Annual Report on Form 10-K for the year ended December 31, 2018 with the U.S. Securities and Exchange Commission . The Annual Report on Form 10-K is available in the "SEC Filings" section of the Trust's website at www.chkgranitewashtrust.com as well as on the SEC's website at www.sec.gov. Trust unitholders have the ability to request a printed copy of the Annual [...]
Chesapeake Energy Corp. today announced the preliminary results of its private offers to exchange new 8.00% Senior Notes due 2026 for certain outstanding senior unsecured notes listed in the table below . As of 5:00 p.m., New York City time, on March 18, 2019 , approximately $883.5 million aggregate principal amount, or approximately 59.7%, of Existing Notes were validly tendered and not validly withdrawn. The following [...]