Chesapeake Energy 2001 Annual Report Download

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Leading the way
Chesapeake Energy Corporation Annual Report 2001

Table of contents

  • Page 1
    Leading the way Chesapeake Energy Corporation Annual Report 2001

  • Page 2
    ...2001 Operations Data ($ in thousands, except per share data) Oil and gas sales Risk management...Preferred stock dividends Gain on redemption of preferred stock Net income (loss) available to common shareholders ...price used in reserve report ($ per bbl) Gas price used in reserve report ($ per mcf) Oil...

  • Page 3
    ..., with shareholders' equity increasing in 2001 by $454 million and further improvement expected in 2002. • Our high potential, 1,500+ inventory of drill sites provides at least a five-year back log of drilling prospects and affirms our future growth potential. • Our management team's commitment...

  • Page 4
    ... focused effort from talented professionals working on high quality natural gas assets - attributes that Chesapeake has in abundance. Chesapeake's performance in 2001 was consistent with our goal of Leading the Way. For the second consecutive year, our company established new records for production...

  • Page 5
    ... consistent with our goal of Leading the Way. For the second consecutive year, our company established new records for production, proved reserves, ebitda, cash flow and recurring net income to common shareholders. Although exceptionally proud of Chesapeake's accomplishments in 2001, we believe 2002...

  • Page 6
    ... drilling and acquisition programs, high quality assets, low operating costs and high profit margins should enable Chesapeake to continue creating industry-leading shareholder value. We look forward to updating you as the year unfolds on our progress in meeting the company's goals for 2002. Best...

  • Page 7
    ...300+ bcfe of unbooked upside Chesapeake's Sahara project on the northwest Anadarko Basin Shelf of Oklahoma remains one of the company's more active programs with 3-5 rigs generally in use. Encompassing all or portions of Major, Woods, Woodward, Harper and Beaver Counties, the Sahara project area has...

  • Page 8
    ...company has recently completed a series of highly productive wells. Chesapeake built its core position in this field through its corporate transactions with AnSon, DLB and Gothic followed by additional leasehold acquisition. Cement is yet another Oklahoma...our future drilling locations targeting more ...

  • Page 9
    Chesapeake Directors and Officers Directors Officers Aubrey K. McClendon Chairman of the Board and Chief Executive Officer Oklahoma City, Oklahoma Tom L. Ward President and Chief Operating Officer Oklahoma City, Oklahoma Marcus C. Rowland Executive Vice President and Chief Financial Officer ...

  • Page 10
    Team Chesapeake - 635 Strong 1989 Pat Goode Cheryl Hamilton Mark Lester Kinney Louthan Aubrey McClendon Tom Ward 1990 Colley Andrews Kevin Decker David Higgins Linda Peterburs Jeff Williams Cindi Williams 1991 Steve Dixon Marilyn Hooser Wes Kruckenberg Steve Lane Joe McClendon Lori Ray Debby ...

  • Page 11
    ... Address Company financial information, public disclosures and other information are available at Chesapeake's website chkenergy. com or by contacting Thomas S. Price, Jr., at (405) 879-9257 or [email protected]. Common Stock Chesapeake Energy Corporation's common stock is listed on the New York...