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CHK » Topics » Sources and Uses of Funds, page 34

This excerpt taken from the CHK 8-K filed Jul 9, 2008.

Sources and Uses of Funds, page 34

 

8. We note your reference to a sale of volumetric production payment for proceeds of $1.1 billion. Later in the filing, you discuss that under the terms of the transaction, you are required to purchase production for a period of 15 years. Please discuss in an appropriate section all the material terms of the transaction and file as an exhibit the agreement documenting the transaction.
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