CHK.PRD Arlimov History & Description — Chesapeake Energy Corp.
Chesapeake Energy is a holding company. Through its subsidiaries, Co. is engaged in the exploration, development and acquisition of properties for the production of natural gas and oil from underground reservoirs. Co. also provides substantial marketing, midstream, drilling and other oilfield services. Co.'s operations are located onshore and in the continental U.S. Co. manages its business as three separate operational segments: exploration and production; marketing, gathering and compression; and oilfield services. As of Dec 31 2011, Co.'s estimated proved developed and undeveloped reserves for gas and oil were 15.52 trillion cubic feet and 545.5 million barrels, respectively.