Chesapeake Energy Corp.

Public Company, Headquarters Location
PO Box 18496, Oklahoma City, OK 73154-0496, United States
(405)848-8000, http://www.chkenergy.com

Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: Founded in 1989 and headquartered in Oklahoma City, Oklahoma, Chesapeake Energy Corp. focuses almost exclusively on developing natural gas properties in the U.S. During recent years, Chesapeake has grown from the eighth largest natural gas producer in the U.S. to the largest independent natural gas producer, due to the success in finding and developing unconventional natural gas assets such as shale. The company discovers, develops and acquires these conventional and nonconventional natural gas reserves within four primary plays, or regions, that include the Barnett shale located in the Forth Worth Basin of north-central Texas; the Haynesville shale located within the Ark-La-Tex area of northwestern Louisiana and East Texas; the Fayetteville shale in the Arkoma Basin of central Arkansas; and the Marcellus shale in the northern Appalachian Basin of West Virginia, Pennsylvania and New York. The company also has substantial operations in various other regions, both conventional and unconventional, in the Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the U.S. The company utilizes approximately 112 operated drilling rigs and 75 non-operated drilling rigs to conduct the most active drilling program in the U.S. More

Mining: Development and production of oil and gas.