What is the primary purpose of this 8-K filing?

This 8-K filing serves to inform investors that Chesapeake Energy Corporation received comments from the SEC staff on its recent financial filings (2007 10-K and Q1 2008 10-Q) and that the company has responded to those comments. It also acknowledges the potential need for future amendments or disclosure changes.

What specific filings did the SEC staff comment on?

The SEC staff provided comments on Chesapeake Energy Corporation's Annual Report on Form 10-K for the year ended December 31, 2007, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008.

Does Chesapeake expect to amend its filings or change its accounting practices?

Chesapeake believes its current disclosures and financial statements are compliant. However, the company states that the ultimate resolution of the SEC staff's comments *could* require an amendment to the filings under review or a change in disclosures in future filings. This indicates a potential, but not a confirmed, need for changes.

Where can I find the details of Chesapeake's response to the SEC?

The detailed response from Chesapeake Energy Corporation to the SEC staff's comments is included as Exhibit 99.1 to this Form 8-K filing.

EXPAND ENERGY Corp 8-K SEC Disclosure

Summary

Chesapeake Energy Corporation (EXE) filed this Form 8-K on July 9, 2008, to report on correspondence with the Securities and Exchange Commission (SEC) staff. The company received comments on its 2007 Form 10-K and its first quarter 2008 Form 10-Q. Chesapeake submitted its responses to these comments on June 13, 2008. While Chesapeake believes its disclosures and financial statements are compliant with SEC regulations and GAAP, it acknowledges that the ultimate resolution of the SEC staff's comments could necessitate amendments to these filings or changes in future disclosures. The filing includes Exhibit 99.1, which is the letter responding to the SEC staff's comments.

Key Highlights

1Chesapeake Energy Corp. (EXE) received comments from the SEC staff regarding its 2007 Form 10-K and Q1 2008 Form 10-Q.
2The company submitted its responses to the SEC staff's comments on June 13, 2008.
3Chesapeake believes its current disclosures and financial statements comply with SEC regulations and GAAP.
4There is a possibility that the SEC staff's comments could lead to amendments of past filings or changes in future disclosures.
5The filing specifically references Exhibit 99.1, which contains the letter responding to the SEC staff's comments.

EXPAND ENERGY Corp 8-K Report, Corporate Update (Jul 9, 2008)

Summary

Key Highlights

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