Chesapeake Energy 2007 Annual Report Download - page 18
Download and view the complete annual report
Please find page 18 of the 2007 Chesapeake Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.:SbbS`b]AVO`SV]ZRS`a
2SO`4SZZ]eAVO`SV]ZRS`a(
ESZQ][Sb]bVS/US]T<Obc`OZ5Oa8cab
OabVS%bVQS\bc`gO\RPST]`SeOabVS/US
]TE]]RbVS&bVO\R'bVQS\bc`WSabVS/US
]T1]OZO\RbVS bVQS\bc`gbVS/US]T=WZ
eSPSZWSdSbVS abQS\bc`geWZZPSbVS/US
]T<Obc`OZ5Oa<]]bVS`Q][^O\gWaPSbbS`
^]aWbW]\SRbVO\1VSaO^SOYSb]^`]a^S`W\
bVWa\SeOUS
BVSQ]dS`]TbVWagSO`¸aO\\cOZ`S^]`bTSObc`Sa
O\W[OUS`S^`SaS\bW\UbVSaW[^ZSO\RSZSUO\b
[]ZSQcZO`ab`cQbc`S]T\Obc`OZUOa³16"]\S
Ob][]TQO`P]\O\RT]c`Ob][a]TVgR`]US\
BVWa[]ZSQcZO`ab`cQbc`S^`]dWRSabVSYSgb]
c\RS`abO\RW\UeVgbVS abQS\bc`geWZZPS
bVS/US]T<Obc`OZ5Oa³Wb¸aQZSO\OPc\RO\b
OTT]`ROPZSO\R/[S`WQO\ESO`S^`]cRb]
VWUVZWUVbbVSaSYSgORdO\bOUSa]T]c`ac
^S`W]`^`]RcQbW\bVWagSO`¸a`S^]`b
<Obc`OZ UOa Wa & VgR`]US\ bVS []ab
OPc\RO\bT]`[]T[ObbS`]\SO`bVO\RZWabSR
¿`abW\bVS ^S`W]RWQ bOPZS ]TSZS[S\ba PS
QOcaSWb¸abVSZWUVbSab]TOZZSZS[S\baEVS\
Pc`\SR VgR`]US\ Q`SObSa ]\Zg ZWUVb VSOb
O\R eObS` O\R Wb `S^`SaS\ba bVS cZbW[ObS
^`WhSW\[SSbW\UbVSe]`ZR¸aS\S`Ug\SSRa
/e]`ZR^]eS`SRPgO\OPc\RO\bTcSZbVOb
Wa & VgR`]US\ Wa O e]`ZR ^]eS`SR Pg
O QZSO\ TcSZ bVOb Wa ac^S`W]` b] bVS []`S
Q][^ZSf QO`P]\¿ZZSR []ZSQcZSa ]T Q]OZ
Q][[]\Zg 1!#6'$='<A ]` ]WZ `O\UW\U
T`][1#6 b]1!$6%"
/abVS/US]T<Obc`OZ5Oac\T]ZRa1VSaO
^SOYS^ZO\ab]ZSORbVSeOgW\RSdSZ]^W\U
O\R^`]RcQW\UbVS\Seac^^ZWSa]TQZSO\
Pc`\W\U\Obc`OZUOabVOb]c`\ObW]\O\R]c`
e]`ZReWZZW\Q`SOaW\UZg`S_cW`Sb][SSbbVS
QVOZZS\US]TUS\S`ObW\U[]`SS\S`UgeWbV
ZSaa^]ZZcbW]\
%7\@SdWSe
BVS ^Oab gSO` eOa O gSO` ]T ]cbabO\RW\U
OQVWSdS[S\b T]` 1VSaO^SOYS ES PS
QO[S bVS ZO`USab W\RS^S\RS\b ^`]RcQS`
]T CA \Obc`OZ UOa O\R S\RSR bVS gSO`
eWbV ]c` ZO`USabSdS` POQYZ]U ]T Tcbc`S
R`WZZW\U]^^]`bc\WbWSa³[]`SbVO\!$
`S^`SaS\bW\U O^^`]fW[ObSZg b`WZZW]\
QcPWQTSSb]T\Obc`OZUOaS_cWdOZS\bbQTS
]T^]bS\bWOZTcbc`S`SaS`dSa2Sa^WbSd]ZObWZS
1VSaO^SOYS3\S`Ug1]`^]`ObW]\
$
BVS abQS\bc`geWZZPSbVS
/US]T<Obc`OZ5OaO\R\]
]bVS`Q][^O\gWaPSbbS`
^]aWbW]\SRbVO\1VSaO^SOYS
b]^`]a^S`W\bVWa\SeOUS
1VSaO^SOYS¸a=YZOV][O
1WbgVSOR_cO`bS`a^`]dWRSaO
PSOcbWTcZS\dW`]\[S\bO\RO
RWabW\QbWdSQ]`^]`ObSQcZbc`ST]`
[]`SbVO\ "S[^Z]gSSa