ON THE COVER
Moving west, a Chesapeake rig 
drills toward the Niobrara Shale  
in the Powder River Basin of  
southeastern Wyoming, one of 
several new liquids-rich plays  
that are enabling the company  
to increase its profitability and  
return on capital.
CONTENTS 
1 Financial Review
4 Letter to Shareholders
16 Operating Areas
20 Investor Q&A
22 Social Responsibility
 24 Community Relations
 26  Environmental, Health & Safety
 
28 Board of Directors
28 Governance
29 Officers
30 Employees
45 Form 10-K
Inside Back Cover 
 Corporate Information
Chesapeake Energy Corporation is the second-largest producer of 
natural gas, a Top 15 producer of oil and natural gas liquids and 
the most active driller of new wells in the U.S. 
Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing 
unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in 
the Barnett, Haynesville, Bossier, Marcellus and Pearsall natural gas shale plays and in the Granite 
Wash, Cleveland, Tonkawa, Mississippian, Bone Spring, Avalon, Wolfcamp, Wolfberry, Eagle Ford,  
Niobrara and Utica unconventional liquids-rich plays.  
The company has also vertically integrated its oper-  
ations and owns substantial midstream, compression, 
drilling and oilfield service assets. Chesapeake’s stock  
is listed on the New York Stock Exchange under  
the symbol CHK. Further information is available at 
www.chk.com where Chesapeake routinely posts  
announcements, updates, events, investor informa-  
tion, presentations and press releases.
CORPORATE PROFILE