Chesapeake Energy Corporation Named to FORTUNE ‘100 Best Companies to Work For’ List for Sixth Consecutive Year

  Chesapeake Energy Corporation Named to FORTUNE ‘100 Best Companies to Work
  For’ List for Sixth Consecutive Year

At #26, Highest Ranked Oklahoma-Based Company and Second Highest Ranked Energy
                                   Company

Business Wire

OKLAHOMA CITY -- January 16, 2013

For the sixth consecutive year FORTUNE Magazine named Chesapeake Energy
Corporation (NYSE:CHK) to its list of 100 Best Companies to Work For^®.
Chesapeake ranked #26, the highest listed Oklahoma-based employer for the
third consecutive year, and the second highest ranked company in the energy
industry. The full list and related stories will appear in the February 4
issue of FORTUNE.

Aubrey K. McClendon, Chesapeake’s Chief Executive Officer, said, “Empowered
and motivated employees continue to make Chesapeake a great place to work. Our
employees are focused on creating and delivering value for our shareholders
while also making our country more energy secure. Although we have made
progress in achieving these goals, we are determined to do even better with
our distinctive and attractive corporate culture and workplace being key
elements in our drive for further success.”

Martha A. Burger, Chesapeake’s Senior Vice President – Human & Corporate
Resources, noted, “We believe our workplace culture allows Chesapeake to
recruit and retain some of the industry’s best talent. We are extremely proud
of our nearly 12,000 employees who consistently deliver outstanding
performance, quality, innovation and collaboration, even when faced with the
cyclical nature of our industry.”

Archie W. Dunham, Chesapeake’s Non-Executive Chairman of the Board, added, “In
addition to our extraordinarily high quality assets below ground, Chesapeake
has built an asset base of tremendous breadth, value and energy above ground –
our employees. It is a tribute to our management team for their excellence and
efforts that Chesapeake has now been recognized among the 100 Best Companies
to Work For six years running.”

More information about Chesapeake and its careers can be found at
www.chk.com/careers.

To pick the 100 Best Companies to Work For, Fortune partners with the Great
Place to Work Institute to conduct the most extensive employee survey in
corporate America: 259 firms participated in this year’s survey. More than
277,000 employees at those companies responded to a survey created by the
institute, a global research and consulting firm operating in 45 countries
around the world. Two-thirds of a company’s score is based on the results of
the institute’s Trust Index survey, which is sent to a random sample of
employees from each company. The survey asks questions related to their
attitudes about management’s credibility, job satisfaction, and camaraderie.
The other third is based on responses to the institute’s Culture Audit, which
includes detailed questions about pay and benefit programs and a series of
open-ended questions about hiring practices, methods of internal
communication, training, recognition programs, and diversity efforts. After
evaluations are completed, if news about a company comes to light that may
significantly damage employees’ faith in management, we may exclude it from
the list. Any company that is at least five years old and has more than 1,000
U.S. employees is eligible. For more information on how to apply, visit:
http://bit.ly/n8bVJ3

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 Eagle Ford, Utica, Granite Wash, Cleveland, Tonkawa,
Mississippi Lime and Niobrara unconventional liquids plays and in the
Marcellus, Haynesville/Bossier and Barnett unconventional natural gas shale
plays. The company also owns substantial marketing and oilfield services
businesses through its subsidiaries Chesapeake Energy Marketing, Inc. and
Chesapeake Oilfield Operating, 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
Chesapeake Contacts:
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:
Jim Gipson, 405-935-1310
Jim.gipson@chk.com
or
Lindsay McIntyre, 405-935-8486
lindsay.mcintyre@chk.com
 
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