CHESAPEAKE ENERGY CORP
8-K, 1998-07-06
CRUDE PETROLEUM & NATURAL GAS
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                       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                                                     JULY 6, 1998
                                                                   ------------

DATE OF EARLIEST EVENT REPORTED                                    JULY 1, 1998
                                                                   ------------


                        CHESAPEAKE ENERGY CORPORATION
- --------------------------------------------------------------------------------
           (Exact name of Registrant as specified in its Charter)



Oklahoma                          1-13726                         73-1395733 
- --------------------------------------------------------------------------------
(State or other jurisdiction     (Commission                    (IRS Employer 
of incorporation)                 File Number)              Identification No.)



       6100 NORTH WESTERN AVENUE,  OKLAHOMA CITY,  OKLAHOMA     73118
- --------------------------------------------------------------------------------
                   (Address of principal executive offices)   (Zip Code)


                               (405) 848-8000
- --------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)
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                    INFORMATION TO BE INCLUDED IN THE REPORT


ITEM 5.     OTHER EVENTS

     On July 1, 1998, Chesapeake Energy Corporation ("Chesapeake") issued a
press release to announce that Thomas L.  Winton has been named Senior Vice
President - Information Technologies.  The July 1, 1998 press release is filed
herewith as Exhibit 99 and incorporated herein by reference.


ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS

      (c)   Exhibits.   The following exhibit is filed herewith:

      99.   Press Release issued by the Registrant on July 1, 1998.

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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/  MARCUS C. ROWLAND 
                                           ------------------------------
                                                 Marcus C.Rowland, 
                                                Senior Vice President and 
                                                  Chief Financial Officer

Dated: July 6, 1998
                                      


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<PAGE>   4
                                EXHIBIT INDEX


EXHIBIT          DESCRIPTION
- ----------------------------

99               Press Release issued by the Registrant on July 1, 1998.







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<PAGE>   1
                                                                    EXHIBIT 99


                                CONTACT: MARC ROWLAND, CHIEF FINANCIAL OFFICER
                                                                (405) 879-9232

FOR IMMEDIATE RELEASE                          TOM PRICE, JR., VICE PRESIDENT-
JULY 1, 1998                                             CORPORATE DEVELOPMENT
                                                                (405) 879-9257


                         CHESAPEAKE ENERGY CORPORATION
                        ANNOUNCES EXECUTIVE APPOINTMENT

OKLAHOMA CITY, OKLAHOMA, JULY 1, 1998 -- Chesapeake Energy Corporation
(NYSE:CHK) today announced that Thomas L. Winton has been named Senior Vice
President-Information Technologies. He will report to Aubrey K. McClendon,
Chesapeake's Chairman and Chief Executive Officer.

Mr. Winton joins Chesapeake from Union Pacific Resources where he had been
employed since 1980, for the past 12 years as Director-Information Services.
Prior to that period, Mr. Winton held the position of Regional
Manager-Information Services from 1984 to 1985 and Manager-Technical
Applications Planning and Development from 1980 to 1984.

Commenting on the executive appointment, Mr. McClendon stated, "Chesapeake is
very fortunate to have attracted Lon and his scope and depth of experience. His
exceptional experience in corporate information technology management will be
invaluable in facilitating and expediting the integration and management of the
estimated 700 billion cubic feet of proved equivalent reserves the company has
acquired over the past nine months. We are preparing our corporate
infrastructure for additional growth in our reserves and production during the
next few years. With commodity prices down, we believe it is the right time to
continue the growth of our Mid-Continent and western Canada natural gas
assets."

                                    - #### -

Chesapeake Energy Corporation is an independent oil and natural gas producer
headquartered in Oklahoma City. The company's operations are focused on
exploratory and developmental drilling and producing property and corporate
acquisitions in major onshore producing areas of the United States and Canada.
The company's internet address is http://www.chesapeake-energy.com.

                                      
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