NYSE, CHK - Chesapeake Energy Corp
We are the third largest independent producer of natural gas in the United
States (first among independents). We own interests in approximately 38,500
producing oil and natural gas wells that are currently producing approximately
2.2 billion cubic feet equivalent, or bcfe, per day, 92% of which is natural
gas. Our strategy is focused on discovering, acquiring and developing
conventional and unconventional natural gas reserves onshore in the U.S., east
of the Rocky Mountains.
Our most important operating area has historically been the Mid-Continent region
of Oklahoma, Arkansas, southwestern Kansas and the Texas Panhandle. At
December 31, 2007, 47% of our estimated proved oil and natural gas reserves were
located in the Mid-Continent region. ...
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