Chesapeake Energy Corporation Announces 2012 Second Quarter Operational Update and Financial Results Release Date and Conference

  Chesapeake Energy Corporation Announces 2012 Second Quarter Operational
  Update and Financial Results Release Date and Conference Call Information

Business Wire

OKLAHOMA CITY -- July 10, 2012

Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2012 second quarter
operational update and financial results to be released after the close of
trading on the New York Stock Exchange on Monday, August 6, 2012.

The company has also scheduled a conference call to discuss the release for
Tuesday, August 7, 2012 at 9:00 am EDT. The telephone number to access the
conference call is 913-312-1296 or toll-free 800-239-9838. The passcode for
the call is 4584085. We encourage those who would like to participate in the
call to place calls between 8:50 and 9:00 am EDT.

For those unable to participate in the conference call, a replay will be
available for audio playback at 1:00 pm EDT on Tuesday, August 7, 2012 and
will run through midnight Monday, August 20, 2012. The number to access the
conference call replay is 719-457-0820 or toll-free 888-203-1112. The passcode
for the replay is 4584085.

The conference call will also be webcast live on Chesapeake’s website at
www.chk.com in the “Events” subsection of the “Investors” section of the
company’s website. The webcast of the conference will be available on the
company’s website for one year.

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of
natural gas, a Top 15 producer of oil and natural gas liquids and the most
active driller of new wells in the U.S. Headquartered in Oklahoma City, the
company's operations are focused on discovering and developing unconventional
natural gas and oil fields onshore in the U.S. Chesapeake owns leading
positions in the Marcellus, Haynesville, Bossier, and Barnett natural gas
shale plays and in the Eagle Ford, Utica, Mississippi Lime, Granite Wash,
Cleveland, Tonkawa, Niobrara, Bone Spring, Avalon, Wolfcamp and Wolfberry
unconventional liquids plays. The company has also vertically integrated its
operations and owns substantial marketing, midstream and oilfield services
businesses directly and indirectly through its subsidiaries Chesapeake Energy
Marketing, Inc., Chesapeake Midstream Development, L.P. and Chesapeake
Oilfield Services, L.L.C. Further information is available at www.chk.com
where Chesapeake routinely posts announcements, updates, events, investor
information, presentations and news releases.

Contact:

Chesapeake Energy Corporation
Jeffrey L. Mobley, CFA, 405-767-4763
jeff.mobley@chk.com
or
John J. Kilgallon, 405-935-4441
john.kilgallon@chk.com
or
Media Contacts:
Michael Kehs, 405-935-2560
michael.kehs@chk.com
or
Jim Gipson, 405-935-1310
jim.gipson@chk.com