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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 (DATE OF EARLIEST EVENT REPORTED) MAY 1, 1998
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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 (IRS Employer
of incorporation) File Number) 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)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
On May 1, 1998, Chesapeake Energy Corporation ("Chesapeake") issued a press
release to announce that it accepted tendered senior notes for payment. The May
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 May 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/ AUBREY K. MCCLENDON
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AUBREY K. MCCLENDON,
Chairman of the Board and
Chief Executive Officer
Dated: May 11, 1998
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EXHIBIT INDEX
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EXHIBIT DESCRIPTION
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99 Press Release issued by the Registrant on May 1, 1998.
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EXHIBIT 99
CONTACT: MARC ROWLAND, CHIEF FINANCIAL OFFICER
(405) 848-8000, EXT. 232
FOR IMMEDIATE RELEASE TOM PRICE, JR., VICE PRESIDENT-
MAY 1, 1998 CORPORATE DEVELOPMENT
(405) 848-8000, EXT. 257
CHESAPEAKE ENERGY ACCEPTS TENDERED
SENIOR NOTES FOR PAYMENT
OKLAHOMA CITY, OKLAHOMA, MAY 1, 1998 -- Chesapeake Energy Corporation (NYSE:CHK)
today announced that it has accepted for payment all 10 1/2% Senior Notes due
2002 validly tendered pursuant to its tender offer and consent solicitation
regarding this issue. The tender offer expired at 5:00 p.m., New York City time,
on April 30, 1998. An aggregate of $89,830,000 principal amount of Senior Notes
(representing 99.8% of the principal amount of Senior Notes outstanding) was
accepted for payment. Payment will be made by the Company promptly through the
Depositary, United States Trust Company of New York.
On April 16, 1998, the Company entered into a supplemental indenture to the
indenture governing the Senior Notes incorporating amendments to which tendering
holders consented. These amendments involve the elimination and modification of
certain of the covenants and other provisions of the indenture.
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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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