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CHESAPEAKE ENERGY, (CHK) Stock Research Free Stock Rating
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Chesapeake Energy Corporation engages in the acquisition, development, exploration, production, and marketing of oil and natural gas in the United States. It primarily operates in the mid continent region of the United States, which includes Oklahoma, western Arkansas, southwestern Kansas, and the Texas Panhandle. The company also has operations in the Permian Basin of western Texas and eastern New Mexico, in the Ark-La-Tex basin of eastern Texas and northern Louisiana, and in the south Texas and Texas Gulf coast regions. As of December 31, 2004, the companyS estimated proved reserves were 4.9 trillion cubic feet of natural gas equivalent and owned interests in approximately 19,800 producing wells. The company was co-founded by Aubrey K. McClendon and Tom L. Ward in 1989. Chesapeake is headquartered in Oklahoma City, Oklahoma.
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