Chesapeake Energy Corporation
Company Information

Chesapeake Energy Corporation Company Profile

Chesapeake Energy (named after the childhood Chesapeake Bay haunts of a founder) builds oil and natural gas reserves through the acquisition and development of oil and gas assets across the US. In 2011 the company's Southern region (including the Barnett, Bossier, and Haynesville shale plays) accounted for more 46% of company's estimated proved reserves of 18.8 trillion cu. ft. of natural gas equivalent. Chesapeake also has assets in Appalachia, the Mid-Continent, the Permian Basin and the Rockies. In 2011 the company had more than 45,700 producing oil and natural gas wells that produced 3.5 billion cu. ft. of natural gas equivalent per day, the bulk of which was natural gas.