Chesapeake Energy 1997 Annual Report Download - page 44

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Chesapeake's actual results could differ materially from those projected by such forward-looking statements.
Important factors that could cause actual results to differ materially from those projected in the forward-
looking statements include, but are not limited to, the following: production variances from expectations,
volatility of oil and gas prices, the need to develop and replace its reserves, the substantial capital expenditures
required to fund its operations, environmental risks, drilling and operating risks, risks related to exploration
and development drilling, the uncertainty inherent in estimating future oil and gas production or reserves,
competition, government regulation, and the ability of the Company to implement its business strategy.
ITEM 7A. Quantitative and Qualitative Disclosures About Market Risk
Not applicable
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