This excerpt taken from the CHK 8-K filed Dec 6, 2007.
CHESAPEAKE ENERGY NAMED HYDROCARBON PRODUCER OF THE YEAR
OKLAHOMA CITY, OKLAHOMA, DECEMBER 3, 2007 Chesapeake Energy Corporation (NYSE:CHK) was named Hydrocarbon Producer of the Year at the 9th Annual Platts Global Energy Awards program in New York last week. In addition, Chesapeake was ranked as the 14th fastest growing company in Platts 2007 Top 250 Global Energy Companies list.
The Platts Global Energy Awards recognize excellence and innovation by companies and executives in more than a dozen sectors within the global energy industry. The Hydrocarbon Producer of the Year award recognizes excellence in the upstream energy industries. The awards criteria included:
The award judges commented that they were impressed with Chesapeakes committed strategy of identifying and developing non-traditional natural gas plays, its ability to successfully execute acquisitions, its strong financial management and performance track-record.
Aubrey K. McClendon, Chesapeakes Chief Executive Officer, commented: We are honored to be selected as the Hydrocarbon Producer of the Year and are proud of our accomplishments in building the nations largest independent natural gas producer and the nations most active drilling program. We are pleased that the hard work and dedication of Chesapeakes 6,000 employees have been recognized on the world stage and we look forward to continuing to provide substantial new supplies of clean-burning American natural gas in an increasingly energy-short world.
Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and commodities information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, petrochemical, emissions, and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at