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Chesapeake Energy Corporation (CHK)

8:02AM AEST: 24.51 USD  Up 0.27 (1.11%)  
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Chesapeake Energy Corporation
6100 North Western Avenue
Oklahoma City, OK 73118
Phone: 405-848-8000
Fax: 405-843-0573
Web Site: http://www.chk.com

 DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Independent Oil & Gas
Employees (last reported count):7,600

 REUTERS ABRIDGED BUSINESS SUMMARY 
Chesapeake Energy Corporation, an oil and natural gas exploration and production company, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas from underground reservoirs. It also provides marketing and midstream services for natural gas and oil for other working interest owners in properties it operate. The company’s properties are located in Oklahoma, Texas, Alabama, Arkansas, Louisiana, Kansas, Montana, Colorado, North Dakota, Nebraska, New Mexico, West Virginia, Kentucky, Ohio, New York, Maryland, Michigan, Mississippi, Pennsylvania, Tennessee, Utah, Virginia, and Wyoming. As of December 31, 2008, it owned interests in approximately 41,200 producing natural gas and oil wells; and had 12.051 trillion cubic feet equivalent of proved reserves. The company was founded in 1989 and is based in Oklahoma City, Oklahoma.
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     OFFICERS 
     PayExercised
    Mr. Aubrey K. McClendon , 50
    Co-Founder, Chairman, Chief Exec. Officer and Chairman of Employee Compensation & Benefits Committee
    $ 77.93M $ 0
    Mr. Marcus C. Rowland , 57
    Chief Financial Officer, Exec. VP of Fin. and Member of Employee Compensation & Benefits Committee
    $ 2.17M $ 0
    Mr. Steven C. Dixon , 51
    Chief Operating Officer, Exec. VP of Operations and Member of Employee Compensation & Benefits Committee
    $ 2.17M $ 7.60M
    Mr. J. Mark Lester , 57
    Exec. VP of Exploration
    $ 1.83M $ 0
    Mr. Douglas J. Jacobson , 56
    Exec. VP of Acquisitions and Divestitures
    $ 1.94M $ 1.95M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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