Filed pursuant to Rule 424 (b) (3)
Registration No. 333-132262
5,750,000 Shares
of
Chesapeake Energy Corporation
5.00% Cumulative Convertible Preferred Stock (Series 2005B)
(Liquidation Preference $100 per share)
and
Common Stock
(Par Value $.01 per share)
PROSPECTUS SUPPLEMENT NO. 1
DATED April 13, 2006
TO PROSPECTUS DATED March 7, 2006
The selling securityholders table on pages 43 through 45 of the prospectus is amended by this supplement no. 1 to read as follows.
|
NAME |
|
Number of Shares of Preferred Stock Beneficially Owned Prior to the Offering |
|
Number of Shares of Preferred Stock Being Offered Hereby |
|
Number of Shares of Preferred Stock to be Owned After Completion of the Offering |
|
Number of Shares of Common Stock Beneficially Owned Prior to the Offering (1) |
|
Number of Shares of Common Stock Being Offered Hereby (1) |
|
Number of Shares of Common Stock to be Owned After Completion of the Offering (1) |
|
Akanthos Arbitrage Master Fund, LP |
|
500,000 |
|
500,000 |
|
0 |
|
2,110,450 |
|
1,279,750 |
|
830,700 |
|
Aloha Airlines Non-Pilots Pension Trust |
|
100 |
|
100 |
|
0 |
|
256 |
|
256 |
|
0 |
|
Argent Classic Convertible Arbitrage Fund II, L.P. |
|
6,700 |
|
6,700 |
|
0 |
|
17,149 |
|
17,149 |
|
0 |
|
Argent Classic Convertible Arbitrage Fund L.P. |
|
15,270 |
|
15,270 |
|
0 |
|
39,084 |
|
39,084 |
|
0 |
|
Argent LowLev Convertible Arbitrage Fund II, LLC |
|
3,200 |
|
3,200 |
|
0 |
|
8,190 |
|
8,190 |
|
0 |
|
Argent LowLev Convertible Arbitrage Fund LLC |
|
21,370 |
|
21,370 |
|
0 |
|
54,697 |
|
54,697 |
|
0 |
|
Aristeia International Limited |
|
75,250 |
|
75,250 |
|
0 |
|
192,602 |
|
192,602 |
|
0 |
|
Aristeia Partners LP |
|
12,250 |
|
12,250 |
|
0 |
|
31,354 |
|
31,354 |
|
0 |
|
Arkansas PERS |
|
9,575 |
|
9,575 |
|
0 |
|
24,507 |
|
24,507 |
|
0 |
|
AstraZeneca Holdings Pension |
|
1,210 |
|
1,210 |
|
0 |
|
3,097 |
|
3,097 |
|
0 |
|
Bank of America Pension Plan |
|
75,000 |
|
75,000 |
|
0 |
|
191,963 |
|
191,963 |
|
0 |
|
Boilermakers Blacksmith Pension Trust |
|
3,525 |
|
3,525 |
|
0 |
|
9,022 |
|
9,022 |
|
0 |
|
BP Amoco PLC Master Trust |
|
24,916 |
|
24,916 |
|
0 |
|
63,773 |
|
63,773 |
|
0 |
|
CALAMOS Market Neutral Income Fund |
|
29,000 |
|
29,000 |
|
0 |
|
74,226 |
|
74,226 |
|
0 |
|
Chrysler Corporation Master Retirement Trust |
|
111,400 |
|
111,400 |
|
0 |
|
316,597 |
|
285,128 |
|
31,468 |
|
Class C Trading Company, Ltd. |
|
13,487 |
|
13,487 |
|
0 |
|
34,520 |
|
34,520 |
|
0 |
|
D.E. Shaw Valence Portfolios, L.L.C. |
|
155,000 |
|
155,000 |
|
0 |
|
396,723 |
|
396,723 |
|
0 |
|
DBAG London |
|
131,703 |
|
131,703 |
|
0 |
|
589,365 |
|
337,094 |
|
252,272 |
|
DeepRock & Co. |
|
30,000 |
|
30,000 |
|
0 |
|
76,785 |
|
76,785 |
|
0 |
|
Delaware PERS |
|
5,570 |
|
5,570 |
|
0 |
|
14,256 |
|
14,256 |
|
0 |
|
Delaware Public Employees Retirement System |
|
32,000 |
|
32,000 |
|
0 |
|
113,261 |
|
81,904 |
|
31,357 |
|
Delta Air Lines Master Trust – CV |
|
21,600 |
|
21,600 |
|
0 |
|
65,246 |
|
55,285 |
|
9,961 |
|
Delta Airlines Master Trust |
|
775 |
|
775 |
|
0 |
|
1,984 |
|
1,984 |
|
0 |
|
Delta Pilots Disability & Survivorship Trust - CV |
|
11,800 |
|
11,800 |
|
0 |
|
35,862 |
|
30,202 |
|
5,660 |
|
Deutsche Bank Securities, Inc. |
|
242,500 |
|
242,500 |
|
0 |
|
3,945,875 |
|
620,679 |
|
3,325,196 |
|
Equity Overlay Fund, LLC |
|
17,500 |
|
17,500 |
|
0 |
|
44,791 |
|
44,791 |
|
0 |
|
F. M. Kirby Foundation, Inc. |
|
17,900 |
|
17,900 |
|
0 |
|
51,475 |
|
45,815 |
|
5,660 |
|
Fidelity Financial Trust: |
|
149,600 |
|
149,600 |
|
0 |
|
1,197,932 |
|
382,901 |
|
815,031 |
|
Forest Fulcrum Fund LP |
|
8,090 |
|
8,090 |
|
0 |
|
20,706 |
|
20,706 |
|
0 |
|
Forest Global Convertible Fund, Ltd., Class A-5 |
|
10,431 |
|
10,431 |
|
0 |
|
26,698 |
|
26,698 |
|
0 |
|
Forest Multi-Strategy Master Fund SPC, on behalf of its Multi-Strategy Segregated Portfolio |
|
10,682 |
|
10,682 |
|
0 |
|
27,341 |
|
27,341 |
|
0 |
|
FPL Group Employees Pension Plan |
|
1,625 |
|
1,625 |
|
0 |
|
4,159 |
|
4,159 |
|
0 |
|
Grace Convertible Arbitrage Fund, Ltd. |
|
30,000 |
|
30,000 |
|
0 |
|
127,975 |
|
76,785 |
|
51,190 |
|
Hallmark Convertible Securities Fund |
|
350 |
|
350 |
|
0 |
|
896 |
|
896 |
|
0 |
|
HFR CA Global Opportunity Master Trust |
|
11,999 |
|
11,999 |
|
0 |
|
30,711 |
|
30,711 |
|
0 |
|
HFR RVA Select Performance Master Trust |
|
3,660 |
|
3,660 |
|
0 |
|
9,368 |
|
9,368 |
|
0 |
|
Hotel Union & Hotel Industry of Hawaii |
|
3,597 |
|
3,597 |
|
0 |
|
9,207 |
|
9,207 |
|
0 |
|
ICI American Holdings Trust |
|
2,115 |
|
2,115 |
|
0 |
|
5,413 |
|
5,413 |
|
0 |
|
Inflective Convertible Opportunity Fund I, LP |
|
21,000 |
|
21,000 |
|
0 |
|
53,750 |
|
53,750 |
|
0 |
|
Inflective Convertible Opportunity Fund Ltd. |
|
65,000 |
|
65,000 |
|
0 |
|
166,368 |
|
166,368 |
|
0 |
|
Institutional Benchmarks Master Fund Ltd. |
|
14,310 |
|
14,310 |
|
0 |
|
36,626 |
|
36,626 |
|
0 |
|
Institutional Benchmarks Series - IVAN Segregated Acct |
|
10,000 |
|
10,000 |
|
0 |
|
25,595 |
|
25,595 |
|
0 |
|
International Truck & Engine Corporation |
|
9,300 |
|
9,300 |
|
0 |
|
28,331 |
|
23,803 |
|
4,528 |
|
International Truck & Engine Corporation |
|
5,700 |
|
5,700 |
|
0 |
|
16,853 |
|
14,589 |
|
2,264 |
|
International Truck & Engine Corporation |
|
5,400 |
|
5,400 |
|
0 |
|
15,632 |
|
13,821 |
|
1,811 |
|
JMG Capital Partners, LP |
|
200,000 |
|
200,000 |
|
0 |
|
1,062,195 |
|
511,900 |
|
550,295 |
|
John Deere Pension Trust |
|
27,500 |
|
27,500 |
|
0 |
|
70,386 |
|
70,386 |
|
0 |
|
LLT Limited |
|
9,757 |
|
9,757 |
|
0 |
|
24,973 |
|
24,973 |
|
0 |
|
Lyxor l Forest Fund Limited |
|
22,398 |
|
22,398 |
|
0 |
|
57,328 |
|
57,328 |
|
0 |
|
Lyxor/Inflective Convertible Opportunity Fund, Ltd. |
|
20,000 |
|
20,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
McMahan Securities Co., L.P. |
|
5,000 |
|
5,000 |
|
0 |
|
66,112 |
|
12,798 |
|
53,315 |
|
Microsoft Capital Group, L.P. |
|
18,000 |
|
18,000 |
|
0 |
|
46,071 |
|
46,071 |
|
0 |
|
MSS Convertible Arbitrage I |
|
1,310 |
|
1,310 |
|
0 |
|
4,863 |
|
3,353 |
|
1,510 |
|
Nuveen Preferred & Convertible Fund JQC |
|
48,335 |
|
48,335 |
|
0 |
|
123,713 |
|
123,713 |
|
0 |
|
Nuveen Preferred & Convertible Income Fund JPC |
|
35,460 |
|
35,460 |
|
0 |
|
90,760 |
|
90,760 |
|
0 |
|
OCLC Online Computer Library Center |
|
200 |
|
200 |
|
0 |
|
512 |
|
512 |
|
0 |
|
OCM Convertible Trust |
|
39,500 |
|
39,500 |
|
0 |
|
114,231 |
|
101,100 |
|
13,131 |
|
OCM Global Convertible Securities Fund |
|
6,200 |
|
6,200 |
|
0 |
|
18,133 |
|
15,869 |
|
2,264 |
|
Partner Reinsurance Company of the U.S. |
|
18,500 |
|
18,500 |
|
0 |
|
65,236 |
|
47,351 |
|
17,885 |
|
Peoples Benefit Life Insurance Company Teamsters |
|
120,000 |
|
120,000 |
|
0 |
|
307,140 |
|
307,140 |
|
0 |
|
Prudential Insurance Co of America |
|
550 |
|
550 |
|
0 |
|
1,408 |
|
1,408 |
|
0 |
|
Qwest Occupational Health Trust |
|
9,600 |
|
9,600 |
|
0 |
|
27,514 |
|
24,571 |
|
2,943 |
|
Qwest Pension Trust |
|
22,900 |
|
22,900 |
|
0 |
|
69,479 |
|
58,613 |
|
10,867 |
|
RBC Capital Market |
|
5,000 |
|
5,000 |
|
0 |
|
12,798 |
|
12,798 |
|
0 |
|
Retail Clerks Pension Trust #1 |
|
35,000 |
|
35,000 |
|
0 |
|
89,583 |
|
89,583 |
|
0 |
|
Retail Clerks Pension Trust #2 |
|
17,500 |
|
17,500 |
|
0 |
|
44,791 |
|
44,791 |
|
0 |
|
Silver Convertible Arbitrage Fund, LDC |
|
13,920 |
|
13,920 |
|
0 |
|
35,628 |
|
35,628 |
|
0 |
2
Chesapeake Energy Corporation
5.00% Cumulative Convertible Preferred Sock (Series 2005B)
Supplement No. 1 (165167 834)
|
Sphinx Convertible Arb Fund SPC, |
|
9,160 |
|
9,160 |
|
0 |
|
23,445 |
|
23,445 |
|
0 |
|
Sphinx Convertible Arbitrage SPC |
|
8,673 |
|
8,673 |
|
0 |
|
22,199 |
|
22,199 |
|
0 |
|
Sphinx Fund |
|
4,770 |
|
4,770 |
|
0 |
|
40,952 |
|
12,209 |
|
28,743 |
|
State of Oregon/Equity |
|
27,465 |
|
27,465 |
|
0 |
|
70,297 |
|
70,297 |
|
0 |
|
Sunrise Partners Limited Partnership |
|
15,000 |
|
15,000 |
|
0 |
|
39,393 |
|
38,393 |
|
1,000 |
|
Syngenta AG |
|
1,025 |
|
1,025 |
|
0 |
|
2,623 |
|
2,623 |
|
0 |
|
The City of Southfield Fire & Police Retirement System |
|
888 |
|
888 |
|
0 |
|
2,273 |
|
2,273 |
|
0 |
|
The Estate of James Campbell CH |
|
2,429 |
|
2,429 |
|
0 |
|
6,217 |
|
6,217 |
|
0 |
|
The Estate of James Campbell EST2 |
|
13,554 |
|
13,554 |
|
0 |
|
34,691 |
|
34,691 |
|
0 |
|
The Northwestern Mutual Life Insurance Company- Group Annuity Separate Account |
|
5,000 |
|
5,000 |
|
0 |
|
508,592 |
|
12,798 |
|
495,794 |
|
The St. Paul Travelers Companies, Inc. |
|
33,600 |
|
33,600 |
|
0 |
|
102,752 |
|
85,999 |
|
16,753 |
|
TCW Group, Inc. |
|
23,150 |
|
23,150 |
|
0 |
|
59.252 |
|
59,252 |
|
0 |
|
TQA Master Fund |
|
35,440 |
|
35,440 |
|
0 |
|
269,490 |
|
90,709 |
|
178,782 |
|
TQA Master Plus Fund |
|
18,900 |
|
18,900 |
|
0 |
|
121,679 |
|
48,375 |
|
73,304 |
|
Union Pacific Corp Master Retirement Trust |
|
25,000 |
|
25,000 |
|
0 |
|
63,988 |
|
63,988 |
|
0 |
|
United Technologies Corporation Master Retirement Trust |
|
9,231 |
|
9,231 |
|
0 |
|
23,627 |
|
23,627 |
|
0 |
|
UnumProvident Corporation |
|
12,000 |
|
12,000 |
|
0 |
|
36,147 |
|
30,714 |
|
5,433 |
|
Vanguard Convertible Securities Fund, Inc. |
|
147,400 |
|
147,400 |
|
0 |
|
467,826 |
|
377,270 |
|
90,556 |
|
Viacom Inc. Pension Plan Master Trust |
|
1,225 |
|
1,225 |
|
0 |
|
3,135 |
|
3,135 |
|
0 |
|
Virginia Retirement System |
|
69,700 |
|
69,700 |
|
0 |
|
203,300 |
|
178,397 |
|
24,903 |
|
Wachovia Capital Markets LLC |
|
200,000 |
|
200,000 |
|
0 |
|
511,900 |
|
511,900 |
|
0 |
|
Wachovia Securities International Ltd |
|
160,000 |
|
160,000 |
|
0 |
|
409,520 |
|
409,520 |
|
0 |
|
Waterstone Market Neutral MAC51, Ltd. |
|
20,600 |
|
20,600 |
|
0 |
|
93,294 |
|
52,726 |
|
40,568 |
|
Waterstone Market Neutral Master Fund, Ltd. |
|
109,400 |
|
109,400 |
|
0 |
|
495,392 |
|
280,009 |
|
215,383 |
|
Yield Strategies Fund I, L.P. |
|
60,000 |
|
60,000 |
|
0 |
|
153,570 |
|
153,570 |
|
0 |
|
Zurich Institutional Benchmark Master Fund |
|
10,480 |
|
10,480 |
|
0 |
|
70,412 |
|
26,824 |
|
43,588 |
* Includes common stock issuable upon conversion of Chesapeake’s 5.00% Cumulative Convertible Preferred Stock (Series 2005B) at a conversion rate of 2.5595 shares of common stock per share of preferred stock.
(1) The number of shares of Common Stock indicated to be beneficially owned after completion of the offering includes shares issuable within 60 days of the date hereof upon conversion of convertible securities.
3
Chesapeake Energy Corporation
5.00% Cumulative Convertible Preferred Sock (Series 2005B)
Supplement No. 1 (165167 834)