CHESAPEAKE ENERGY CORPORATION Item 7.01 Regulation FD Disclosure. Cleansing Material
As previously disclosed on
On
The information included in this Form 8-K under Item 7.01 and Exhibit 99.1 are being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities of that Section, unless the registrant specifically states that the information is to be considered "filed" under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act").
Forward Looking Statements
This Current Report on Form 8-K includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act and Section 21E of the Exchange
Act. Forward looking statements are statements other than statements of
historical fact. They are generally identified by the words the words "believe,"
"expect," "anticipate," "estimate," "intend," "plan," "may," "should," "could,"
"will," "would," and "will be," and variations of such words and similar
expressions, although not all forward-looking statements contain these
identifying words. They include statements regarding our current expectations or
forecasts of future events, including matters relating to the continuing effects
of the COVID-19 pandemic and the impact thereof on our business, financial
condition and results of operations; actions by, or disputes among or between,
members of OPEC+; market factors, market prices; our ability to meet debt
service requirements; our expectations regarding the borrowing base under our
revolving credit facility; our evaluation of strategic alternatives,
cost-cutting measures, reductions in capital expenditures, refinancing
transactions, capital exchange transactions, asset divestitures, operational
efficiencies, future impairments, cost savings due to operational and capital
efficiencies related to the WildHorse Merger; the operation or effects of the
Section 382 Rights Plan and the use of NOLs to offset future taxable income.
Such forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in, or
implied by, such statements. Although we believe the expectations and forecasts
reflected in the forward-looking statements are reasonable, we can give no
assurance they will prove to have been correct. They can be affected by
inaccurate or changed assumptions or by known or unknown risks and
uncertainties. These risks and uncertainties include, but are not limited to:
the impact of the COVID-19 pandemic and its effect on our business, financial
condition, employees, contractors, vendors and the global demand for oil and
natural gas and
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liabilities; the Company's ability to generate profits or achieve targeted
results in drilling and well operations; the limitations the Company's level of
indebtedness may have on our financial flexibility; the Company's inability to
access the capital markets on favorable terms; the availability of cash flows
from operations and other funds to finance reserve replacement costs or satisfy
the Company's debt obligations; adverse developments or losses from pending or
future litigation and regulatory proceedings, including royalty claims;
legislative and regulatory initiatives addressing environmental concerns,
including initiatives addressing the impact of global climate change or further
regulating hydraulic fracturing, methane emissions, flaring or water disposal;
terrorist activities and/or cyber-attacks adversely impacting the Company's
operations; effects of acquisitions and dispositions, including the Company's
acquisition of WildHorse and its ability to realize related synergies and cost
savings; effects of purchase price adjustments and indemnity obligations; and
other important risks, assumptions and other important factors that could cause
actual results to differ materially from those expressed in the forward-looking
statements and which are described under "Risk Factors" in Item 1A of
Chesapeake's Annual Report on Form 10-K for the fiscal year ended
Item 9.01 Exhibits.
(d)
Exhibit No. Document Description
99.1 Cleansing Material.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document and contained in Exhibit 101).
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