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Chesapeake Energy
Corporation
171 Hillpointe Drive
Suite 303
Canonsburg, PA 15317
www.chk.com |
Who we are
Formed in 1989 with only 10 employees and $50,000 in capital, we’ve grown into the second-largest producer of natural gas, a Top 20 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Barnett, Fayetteville, Haynesville, Marcellus and Bossier natural gas shale plays and in the Eagle Ford, Granite Wash, Cleveland, Tonkawa, Mississippian, Wolfcamp, Bone Spring, Avalon, Niobrara and Williston Basin unconventional liquids plays. The company has also vertically integrated its operations and owns substantial midstream, compression, drilling and oilfield service assets.
What we do
Our goal is simple – generate industry-leading shareholder returns by developing and executing on a distinctive business strategy that is focused exclusively on exploring for and producing unconventional natural gas and oil onshore in the U.S. Natural gas is clean, affordable, abundant and American. We believe natural gas will continue to gain market share in the U.S and around the world for years to come because of its affordability and cleanliness. In recognition of the value gap between oil and natural gas prices, during the past two years, we have directed a significant portion of our technological and leasehold acquisition expertise to identify, secure and commercialize new unconventional liquids-rich plays. Chesapeake intends to continue leading the industry in developing even greater supplies of U.S. natural gas and oil in the years ahead.
How we do it
People, land and science – these are the key elements to success in our industry and we have invested more aggressively in these than any other company. From the fields where we drill, to the labs where we study petrophysics, to the offices where we make the final decisions, the enthusiasm and commitment of our employees resonates in every aspect of our business.
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