SEC Comment Letter 0000000000-24-004516 to CHESAPEAKE ENERGY CORP (CHK, CHKEL, CHKEW, CHKEZ) (CIK 0000895126) (EXE)
CHESAPEAKE ENERGY CORP (CHK, CHKEL, CHKEW, CHKEZ) (CIK 0000895126)
Date: April 23, 2024 · CIK: 0000895126 · Accession: 0000000000-24-004516
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File numbers found in text: 333-277555
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United States securities and exchange commission logo
April 23, 2024
Domenic Dell’Osso, Jr.
President and Chief Executive Officer
Chesapeake Energy Corporation
6100 North Western Avenue
Oklahoma City, OK 73118
Re:Chesapeake Energy Corporation
Amendment No. 1 to Registration Statement on Form S-4
Filed April 11, 2024
File No. 333-277555
Dear Domenic Dell’Osso, Jr.:
We have reviewed your amended registration statement and have the following comment.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our March 21, 2024 letter.
Amendment No. 1 to Registration Statement on Form S-4
Certain Unaudited Forecasted Financial Information, page 107
1.We note that in response to comments 3 and 4 you revised to disclose the Southwestern
Management Synergies Estimates on page 107 that were prepared by Southwestern and
approved for use by Goldman Sachs in their analyses, and revised your disclosure
about Chesapeake Management Synergies Estimates on page 113 to disclose that Evercore
utilized the midpoint of the synergies estimated by Chesapeake management disclosed
thereunder. Please also disclose any material assumptions underlying each of
the Southwestern and Chesapeake management synergy estimates.
FirstName LastNameDomenic Dell’Osso, Jr.
Comapany NameChesapeake Energy Corporation
April 23, 2024 Page 2
FirstName LastName
Domenic Dell’Osso, Jr.
Chesapeake Energy Corporation
April 23, 2024
Page 2
Please contact Michael Purcell at 202-551-5351 or Kevin Dougherty at 202-551-3271
with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Ryan Lynch