OKLAHOMA CITY, Oct. 20, 2015 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock, as stated below.



                                     4.50%        5% (2005B)              5.75%    5.75% (Series A)
                                      ----          ---------               ----      ---------------

    NYSE Symbol                   CHK Pr D               N/A                N/A                 N/A
    -----------                   --------               ---                ---                 ---

    Date of Original
     Issue              September 14, 2005  November 8, 2005       May 17, 2010        May 17, 2010
    ----------------    ------------------  ----------------       ------------        ------------

    Registered CUSIP             165167842          165167826           165167768            165167750
    ----------------             ---------          ---------           ---------            ---------

    144A CUSIP                         N/A         165167834           165167776            165167784
    ----------                         ---         ---------           ---------            ---------

    RegS CUSIP                         N/A               N/A          U16450204           U16450113
    ----------                         ---               ---          ---------           ---------

    Clean (no legends)
     CUSIP                             N/A               N/A          165167768            165167750
    ------------------                 ---               ---          ---------            ---------

    Par Value per Share              $0.01              $0.01               $0.01                $0.01
    -------------------              -----              -----               -----                -----

    Shares Outstanding           2,558,900          2,095,615           1,497,000            1,100,000
    ------------------           ---------          ---------           ---------            ---------

    Liquidation
     Preference per
     Share                            $100               $100              $1,000               $1,000
    ---------------                   ----               ----              ------               ------

    Record Date           December 1, 2015  November 1, 2015   November 1, 2015    November 1, 2015
    -----------           ----------------  ----------------   ----------------    ----------------

    Payment Date         December 15, 2015 November 15, 2015  November 15, 2015   November 15, 2015
    ------------         ----------------- -----------------  -----------------   -----------------

    Amount per Share                $1.125              $1.25             $14.375              $14.375
    ----------------                ------              -----             -------              -------

2015 Third Quarter Financial and Operational Results Conference Call Information

The company has scheduled to release its 2015 third quarter operational update and financial results before market open on Wednesday, November 4, 2015. A conference call to discuss the results has been scheduled for the same day at 9:00 am EST. The telephone number to access the conference call is 913-312-6690 or toll-free 888-600-4885. The passcode for the call is 4959206. We encourage those who would like to participate in the call to place calls between 8:50 and 9:00 am EST. For those unable to participate in the live conference call, a replay will be available for audio playback at 12:00 pm EST on Wednesday, November 4, 2015, and will run through 12:00 pm EST on Wednesday, November 18, 2015. The number to access the conference call replay is 719-457-0820 or toll-free 888-203-1112. The passcode for the replay is 4959206. The conference call will also be webcast live at www.chk.com in the "Investors" section of the company's website. The webcast of the conference will be available on the website for one year.

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of natural gas and the 12th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional natural gas and oil assets onshore in the U.S. The company also owns substantial marketing and compression businesses. Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.



    INVESTOR CONTACT:   MEDIA CONTACT:  CHESAPEAKE ENERGY CORPORATION

    Brad Sylvester, CFA Gordon Pennoyer 6100 North Western Avenue

    (405) 935-8859      (405) 935-8878  P.O. Box 18496

    ir@chk.com          media@chk.com   Oklahoma City, OK 73154

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SOURCE Chesapeake Energy Corporation