8-KOther Events

EXPAND ENERGY Corp 8-K Report (Jul 31, 2002)

Filed July 31, 2002For Securities:EXEEXEELEXEEWEXEEZ

Summary

Chesapeake Energy Corporation (EXE) filed a Form 8-K on July 31, 2002, primarily to file consents from independent reserve engineers. These consents supersede and replace previously filed consents from the year-end 2001 10-K. The filing indicates that Williamson Petroleum Consultants, Inc., Ryder Scott Company, L.P., and Lee Keeling and Associates, Inc. have consented to the incorporation by reference of information from their respective reserve reports into various registration statements, including S-8, S-3, and S-4 filings, as well as the company's Form 10-K filed on March 28, 2002. For investors, this filing is a routine administrative update concerning the validation of the company's oil and gas reserve disclosures. It confirms that third-party experts have authorized the use of their evaluations in ongoing securities filings. This supports the credibility of the reserve data previously presented by Chesapeake Energy, which is crucial for understanding the company's asset base and future production potential. No new financial or operational data is introduced in this specific 8-K.

Key Highlights

  • 1Filing of updated consents from independent reserve engineers: Williamson Petroleum Consultants, Inc., Ryder Scott Company, L.P., and Lee Keeling and Associates, Inc.
  • 2These consents authorize the incorporation by reference of reserve report information into various SEC registration statements (S-8, S-3, S-4).
  • 3The consents supersede previous reserve engineer consents filed with the Form 10-K for the year ended December 31, 2001.
  • 4The reserve reports being referenced have effective dates of December 31, 2001.
  • 5This filing is an administrative update to ensure compliance and proper authorization for the use of third-party reserve evaluations.
  • 6The consents apply to all outstanding registration statements as of March 28, 2002.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide updated consents from independent oil and gas reserve engineering firms. These consents allow Chesapeake Energy Corporation to incorporate their reserve reports into various SEC filings, including registration statements and previous 10-K filings.

These consents are being filed to supersede and replace earlier consents from the company's Form 10-K for the year ended December 31, 2001. This ensures that the most current and authorized third-party evaluations of the company's oil and gas reserves are properly referenced in ongoing and future securities filings.

No, this 8-K filing does not introduce any new financial statements, operational results, or forward-looking guidance. It is purely an administrative filing related to the authorization of previously disclosed reserve data by independent consultants.

For investors, these consents validate the reliability and accuracy of the oil and gas reserve data that Chesapeake Energy reports. The approval from independent, reputable firms like Williamson Petroleum Consultants, Ryder Scott Company, and Lee Keeling and Associates lends credibility to the company's asset base, which is a key component in valuing energy companies.