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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)
AUGUST 17, 1999 (AUGUST 16, 1999)
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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 August 16, 1999, Chesapeake Energy Corporation ("Chesapeake") issued
a press release to announce the hiring of Douglas J. Jacobson to the newly
created position of Senior Vice President - Acquisitions and Divestitures. The
August 16, 1999 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 August 16, 1999.
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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: August 17, 1999
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EXHIBIT INDEX
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<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
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<S> <C>
99 Press Release issued by the Registrant on August 16, 1999.
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CONTACT: MARC ROWLAND,
CHIEF FINANCIAL OFFICER
(405) 879-9232
FOR IMMEDIATE RELEASE TOM PRICE, JR.,VICE PRESIDENT
AUGUST 16, 1999 CORPORATE DEVELOPMENT
(405) 879-9257
CHESAPEAKE ENERGY CORPORATION
ANNOUNCES HIRING OF DOUGLAS J. JACOBSON
AS SENIOR VICE PRESIDENT - ACQUISITIONS AND DIVESTITURES
OKLAHOMA CITY, OKLAHOMA, August 16, 1999 -- Chesapeake Energy Corporation
(NYSE:CHK) announced today that it had hired Douglas J. Jacobson to the newly
created position of Senior Vice President - Acquisitions and Divestitures.
Jacobson, 45, comes to Chesapeake after a 19 year career at the Samson Companies
in Tulsa, Oklahoma, where he was most recently Senior Vice President - Project
Development and Marketing with responsibility for acquisitions and divestitures,
gas marketing, and governmental affairs. Samson is one of the largest
independent oil and gas companies in the U.S.
Jacobson will replace Chesapeake's current Director of Acquisitions and
Divestitures, Stephen L. Douglas, who will leave the company on August 31 to
form his own oil and gas acquisition business.
Aubrey K. McClendon, Chesapeake's Chairman and Chief Executive Officer,
commented "We are very excited about Doug joining our team. His extensive
experience in Mid-Continent acquisitions and divestitures complements
Chesapeake's efforts to build on our foundation as one of the top five producers
of natural gas in the Mid-Continent. We believe there are tremendous
consolidation opportunities available now and in the future in the
Mid-Continent. We intend to continue growing our assets in this third largest
gas producing region of the U.S."
Jacobson added, "The creativity and perseverance of Chesapeake's management in
building one of the 20 largest U.S. independent oil and gas companies in just
ten years has been very impressive. I am eager to utilize my skills and
experience in contributing to the successful pursuit of Chesapeake's strategies
for future growth."
Jacobson's Chesapeake phone number will be 405-879-9233 and e-mail address will
be [email protected].
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Chesapeake Energy Corporation is an independent natural gas producer
headquartered in Oklahoma City. The company's operations are focused on
developmental and exploratory drilling and producing property acquisitions in
the Mid-Continent area of the United States. The company's Internet address is
http://www.chesapeake-energy.com.