OKLAHOMA CITY, Dec. 31, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced the final results of its private offers to exchange (the "Exchange Offers") new 8.00% Senior Secured Second Lien Notes due 2022 (the "Second Lien Notes") for certain outstanding senior unsecured notes listed in the table below (the "Existing Notes"). As of 11:59 p.m., New York City time, on December 30, 2015 (the "Expiration [...]
OKLAHOMA CITY, Dec. 21, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced the preliminary results of its private offers to exchange (the "Exchange Offers") new 8.00% Senior Secured Second Lien Notes due 2022 (the "Second Lien Notes") for certain outstanding senior unsecured notes listed in the table below (the "Existing Notes"). From the launch of the Exchange Offers on December 2, 2015 through 5:00 [...]
OKLAHOMA CITY, Dec. 16, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced the preliminary results of its private offers to exchange (the "Exchange Offers") new 8.00% Senior Secured Second Lien Notes due 2022 (the "Second Lien Notes") for certain outstanding senior unsecured notes listed in the table below (the "Existing Notes"). As of 5:00 p.m., New York City time, on December 15, 2015 (the "Original [...]
OKLAHOMA CITY, Dec. 2, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced the commencement of private offers of up to $1.5 billion aggregate principal amount (the "Maximum Exchange Amount") of its new 8.00% Senior Secured Second Lien Notes due 2022 (the "Second Lien Notes") in exchange for certain outstanding senior unsecured notes of the Company, upon the terms and subject to the conditions set forth [...]
OKLAHOMA CITY, Nov. 16, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today the expiration and final results of its previously announced offer to purchase its 2.75% Contingent Convertible Senior Notes due 2035 (the "Notes") at the option of the holders of the Notes pursuant to the terms of the Notes. The holders' right to surrender their Notes for repurchase expired at 5:00 p.m., New York time, on [...]
OKLAHOMA CITY, Nov. 4, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today reported financial and operational results for the 2015 third quarter. Highlights include: Production averaged approximately 667,000 boe per day, an increase of 3% year over year, adjusted for asset sales Adjusted net loss of $0.05 per fully diluted share and adjusted ebitda of $560 million 2015 total production guidance increased to 670 [...]
OKLAHOMA CITY, Oct. 20, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock, as stated below. 4.50% 5% (2005B) 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 201...
OKLAHOMA CITY, Oct. 12, 2015 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) announced today that R. Brad Martin has been appointed non-executive Chairman of the Company's Board of Directors, effective immediately. As part of the transition, Archie W. Dunham will remain a director and has been named Chairman Emeritus. Dunham commented, "Chesapeake will benefit from Brad's unique insight and extensive business [...]
Chesapeake Energy Corp. (NYSE:CHK) announced today that it is notifying holders of its 2.75% Contingent Convertible Senior Notes due 2035 (the “Notes”) that they have the option, pursuant to the terms of the Notes, to require Chesapeake to purchase on November 15, 2015 (the “Repurchase Date”) all or a portion of such holders’ Notes (the “Repurchase Option”). The repurchase price [...]
Chesapeake Energy Corp. (NYSE:CHK) today announced it has amended its five-year, $4.0 billion revolving credit facility agreement maturing in 2019 with its bank syndicate group. Key attributes include: Facility moves to a $4.0 billion senior secured revolving credit facility from a senior unsecured revolving credit facility The initial borrowing base is confirmed at $4.0 billion, consistent with current availability [...]
DALLAS, Sept. 9, 2015 /PRNewswire/ -- Prominent Texas oil and gas investor Edward Bass and more than a dozen other Barnett Shale mineral rights owners have settled a lawsuit against natural gas production giant Chesapeake Operating Inc. (NYSE: CHK) for allegedly underpaying oil and gas royalties and breaching its contracts with the landowners. The settlement terms are confidential. "We're very pleased that this matter has [...]
Chesapeake Energy Corp. (NYSE:CHK) today announced it has finalized new gas gathering agreements with the Williams Companies (NYSE:WMB) in its Haynesville Shale operating area located in northwest Louisiana and its dry gas Utica Shale operating area located in eastern Ohio. Key attributes include: Significant improvement in per unit gathering rates established in two major growth assets beginning in 2016, leading to [...]