AskChesapeake

From: Harold Hamm, Aubrey McClendon, Larry Nichols and Tom Ward:

Welcome to Oklahoma, Mr. President. We hope you develop a better understanding of the oil and gas industry, one of the largest and most vibrant sectors in the U.S., during your visit. As Americans, we share a mutual desire to power our nation with homegrown energy sources. We join you in wanting to secure our energy future by lessening our dangerous dependency on imported oil.

By now, some of you may have heard about or read the Rolling Stone magazine article released this week entitled “The Big Fracking Bubble: The Scam Behind the Gas Boom.” As our company’s VP with responsibility for communications, I think it's important that you know more about the events and activities that led to this article. Also, I have included below our specific responses to the portions of the article that were most egregious in their misrepresentations or inaccuracies of our company and industry.​​​​​

Chesapeake has built and maintained successful partnerships with our more than 224,000 royalty and land owners whose natural gas and oil-bearing properties stretch from rolling mountains through sweeping plains to bustling metropolitan cities. With more than 13,000 employees and an enterprise value of approximately $35 billion, Chesapeake intends to continue leading the industry in developing greater supplies of U.S. unconventional natural gas and liquids in the years ahead.​