8-KRegulation FDOther EventsExhibits & Filings

EXPAND ENERGY Corp 8-K Report, Regulation FD Disclosure (May 19, 2011)

Filed May 19, 2011For Securities:EXEEXEELEXEEWEXEEZ

Summary

EXPAND ENERGY Corp (EXE) filed an 8-K on May 19, 2011, primarily disclosing two significant events. The first, under Regulation FD Disclosure, highlights Chesapeake Energy Corporation (the filing company, though listed as EXE in the prompt, the content refers to Chesapeake) receiving the Oil and Gas Investor Excellence Award for its $2.2 billion joint venture with CNOOC Limited in the Eagle Ford Shale. This award recognizes a major M&A deal for 2010 and underscores the strategic importance and success of Chesapeake's ventures in a key shale play. The second key disclosure, under Other Events, reports on the expiration and final results of Chesapeake's cash tender offers for its 9.500% Senior Notes due 2015 and 6.500% Senior Notes due 2017. While the specifics of the tender offer results are not detailed in this filing itself but referred to in an attached exhibit, this indicates active management of the company's debt structure.

Key Highlights

  • 1Chesapeake Energy Corporation recognized with Oil and Gas Investor Excellence Award for 2010 M&A Deal of the Year.
  • 2The award pertains to a significant $2.2 billion joint venture with CNOOC Limited in the Eagle Ford Shale.
  • 3This signifies successful strategic partnerships and execution in a key shale play.
  • 4The company announced the expiration and final results of its cash tender offers for outstanding senior notes.
  • 5Tender offers were for 9.500% Senior Notes due 2015 and 6.500% Senior Notes due 2017.
  • 6This filing indicates active management of the company's debt portfolio.
  • 7Details of the tender offer results are available in an attached press release (Exhibit 99.2).

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