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)
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DECEMBER 12, 2003 (DECEMBER 11, 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 5. OTHER EVENTS
Chesapeake Energy Corporation ("Chesapeake") issued a Press Release on December
11, 2003. The following was included in the Press Release:
CHESAPEAKE ENERGY CORPORATION ANNOUNCES
EXPIRATION OF CASH TENDER OFFER
OKLAHOMA CITY, DECEMBER 11, 2003 - Chesapeake Energy Corporation (NYSE:CHK)
announced today that it has completed its previously announced cash tender offer
and consent solicitation (the "Offer"), for any and all of its $110,669,000
aggregate principal amount of 8.5% Senior Notes due 2012 (the "Notes") (CUSIP
#165167AN7). The Offer expired at 12:00 midnight, New York City time, on
December 10, 2003 (the "Expiration Date"). As of the Expiration Date,
$106,379,000 of aggregate principal amount of Notes were tendered which
represented approximately 96% of the outstanding aggregate principal amount of
the Notes.
The Company accepted for payment and paid for Notes validly tendered on or prior
to the Expiration Date, including all Notes previously tendered and paid for
prior to the November 25, 2003 consent date. In connection with the Offer, the
Company received the required consents from holders of the Notes to approve
proposed amendments (the "Proposed Amendments") to the indenture governing the
Notes to eliminate substantially all of the restrictive covenants of the
indenture. Adoption of the Proposed Amendments required the consent of holders
of at least a majority of the aggregate principal amount of the outstanding
Notes.
Banc of America Securities LLC acted as exclusive dealer manager and
solicitation agent in connection with the Offer.
This announcement is not an offer to purchase, a solicitation of an offer to
purchase or a solicitation of consent with respect to any securities. The Offer
was made solely by the Offer to Purchase and Consent Solicitation Statement
dated November 12, 2003.
CHESAPEAKE ENERGY CORPORATION IS ONE OF THE SIX 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
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AUBREY K. MCCLENDON
Chairman of the Board and
Chief Executive Officer
Dated: December 12, 2003
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