Filed pursuant to Rule 424 (b) (3)
Registration No. 333-132261
$600,000,000
of
Chesapeake Energy Corporation
2.75% Contingent Convertible Senior Notes due 2035
(Liquidation Preference $100 per share)
and
Common Stock
(Par Value $.01 per share)
PROSPECTUS SUPPLEMENT NO. 1
DATED May 9, 2006
TO PROSPECTUS DATED March 7, 2006
The selling securityholders table on pages 61hrough 63 of the prospectus is amended by this supplement no. 1 to read as follows.
|
SECURITYHOLDER |
|
Principal Amount of Notes Beneficially Owned Prior to the Offering |
|
Principal Amount of Notes Being Offered Hereby |
|
Principal Amount of Notes 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) |
|
Advent Convertible Master Cayman |
|
4,020,000 |
|
4,020,000 |
|
0 |
|
102,892 |
|
102,892 |
|
0 |
|
Allstate Insurance Company |
|
1,000,000 |
|
1,000,000 |
|
0 |
|
327,990 |
|
25,595 |
|
302,395 |
|
Aloha Airlines Non-Pilots Pension Trust |
|
10,000 |
|
10,000 |
|
0 |
|
256 |
|
256 |
|
0 |
|
Alpine Associates |
|
10,026,000 |
|
10,026,000 |
|
0 |
|
256,616 |
|
256,616 |
|
0 |
|
Alpine Partners, L.P. |
|
1,364,000 |
|
1,364,000 |
|
0 |
|
34,912 |
|
34,912 |
|
0 |
|
American Investors Life Insurance Company |
|
1,500,000 |
|
1,500,000 |
|
0 |
|
38,393 |
|
38,393 |
|
0 |
|
Argent Classic Convertible Arbitrage Fund (Bermuda) Ltd. |
|
880,000 |
|
880,000 |
|
0 |
|
22,524 |
|
22,524 |
|
0 |
|
Argent LowLev Convertible Arbitrage Fund II, LLC |
|
150,000 |
|
150,000 |
|
0 |
|
3,839 |
|
3,839 |
|
0 |
|
Argent LowLev Convertible Arbitrage Fund Ltd. |
|
5,120,000 |
|
5,120,000 |
|
0 |
|
131,047 |
|
131,047 |
|
0 |
|
Argent LowLev Convertible Arbitrage Fund, LLC |
|
880,000 |
|
880,000 |
|
0 |
|
22,524 |
|
22,524 |
|
0 |
|
Aristeia International Limited |
|
47,300,000 |
|
47,300,000 |
|
0 |
|
1,210,648 |
|
1,210,648 |
|
0 |
|
Aristeia Partners LP |
|
7,700,000 |
|
7,700,000 |
|
0 |
|
197,082 |
|
197,082 |
|
0 |
|
Arkansas PERS |
|
315,000 |
|
315,000 |
|
0 |
|
8,062 |
|
8,062 |
|
0 |
|
AstraZenca Holdings Pension |
|
40,000 |
|
40,000 |
|
0 |
|
1,024 |
|
1,024 |
|
0 |
|
Bank of America Pension Plan |
|
2,500,000 |
|
2,500,000 |
|
0 |
|
63,988 |
|
63,988 |
|
0 |
|
Barnet Partners, Ltd. |
|
12,200,000 |
|
12,200,000 |
|
0 |
|
312,260 |
|
312,260 |
|
0 |
|
BNP Paribas Arbitrage |
|
25,000,000 |
|
25,000,000 |
|
0 |
|
639,878 |
|
639,878 |
|
0 |
|
Boilermakers Blacksmith Pension Trust |
|
425,000 |
|
425,000 |
|
0 |
|
10,878 |
|
10,878 |
|
0 |
|
Canadian Imperial Holdings, Inc. |
|
10,000,000 |
|
10,000,000 |
|
0 |
|
255,951 |
|
255,951 |
|
0 |
|
CBARB, a segregated account of Geode Capital Master Fund Ltd., an open-ended exempted mutual fund company registered as a segregated accounts company under the laws of Bermuda |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
Citadel Equity Fund Ltd. |
|
82,500,000 |
|
82,500,000 |
|
0 |
|
2,111,596 |
|
2,111,596 |
|
0 |
|
Class C Trading Company LTD |
|
100,000 |
|
100,000 |
|
0 |
|
2,560 |
|
2,560 |
|
0 |
|
CNH CA Master Account, L.P. |
|
42,500,000 |
|
42,500,000 |
|
0 |
|
1,087,792 |
|
1,087,792 |
|
0 |
|
Columbia Convertible Securities Fund |
|
3,231,000 |
|
3,231,000 |
|
0 |
|
526,263 |
|
82,698 |
|
443,566 |
|
Continental Assurance Company on behalf of its Separate Account E |
|
2,300,000 |
|
2,300,000 |
|
0 |
|
58,869 |
|
58,869 |
|
0 |
|
Convertible Securities Fund |
|
19,000 |
|
19,000 |
|
0 |
|
1,618 |
|
486 |
|
1,132 |
|
Daimler Chrysler Corp Emp. #1 Pension Plan, dtd 4/1/89 |
|
1,215,000 |
|
1,215,000 |
|
0 |
|
31,098 |
|
31,098 |
|
0 |
|
DBAG London |
|
10,624,000 |
|
10,624,000 |
|
0 |
|
524,194 |
|
271,922 |
|
252,272 |
|
Delaware PERS |
|
185,000 |
|
185,000 |
|
0 |
|
4,735 |
|
4,735 |
|
0 |
|
Delta Airlines Master Trust |
|
90,000 |
|
90,000 |
|
0 |
|
2,304 |
|
2,304 |
|
0 |
|
Deutsche Bank Securities Inc. |
|
1,150,000 |
|
1,150,000 |
|
0 |
|
3,354,631 |
|
29,434 |
|
3,325,196 |
|
DKR Soundshore Oasis Holding Fund Ltd. |
|
1,750,000 |
|
1,750,000 |
|
0 |
|
44,791 |
|
44,791 |
|
0 |
|
Empyrean Capital Fund, LP |
|
6,164,000 |
|
6,164,000 |
|
0 |
|
157,768 |
|
157,768 |
|
0 |
|
Empyrean Capital Overseas Benefit Plan Fund, Ltd |
|
1,191,000 |
|
1,191,000 |
|
0 |
|
30,484 |
|
30,484 |
|
0 |
|
Empyrean Capital Overseas Fund, Ltd |
|
10,145,000 |
|
10,145,000 |
|
0 |
|
259,662 |
|
259,662 |
|
0 |
|
Forest Fulcrum Fund L.P. |
|
939,000 |
|
939,000 |
|
0 |
|
108,852 |
|
24,034 |
|
84,818 |
|
Forest Global Convertible Fund, Ltd., Class A-5 |
|
1,361,000 |
|
1,361,000 |
|
0 |
|
158,658 |
|
34,835 |
|
123,823 |
|
Forest Multi-Strategy Master Fund SPC, |
|
397,000 |
|
397,000 |
|
0 |
|
147,024 |
|
10,161 |
|
136,863 |
|
FPL Group Employees Pension Plan |
|
245,000 |
|
245,000 |
|
0 |
|
6,271 |
|
6,271 |
|
0 |
|
Franklin and Marshall College |
|
30,000 |
|
30,000 |
|
0 |
|
768 |
|
768 |
|
0 |
|
FrontPoint Convertible Arbitrage Fund, L.P. |
|
6,000,000 |
|
6,000,000 |
|
0 |
|
153,571 |
|
153,571 |
|
0 |
|
Goldman Sachs & Co. |
|
3,000,000 |
|
3,000,000 |
|
0 |
|
956,025 |
|
76,785 |
|
879,240 |
|
Good Steward Trading Co, SPC Class F |
|
118,000 |
|
118,000 |
|
0 |
|
3,020 |
|
3,020 |
|
0 |
|
Grace Convertible Arbitrage Fund, Ltd. |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
127,975 |
|
51,190 |
|
76,785 |
|
Greywolf Capital Overseas Fund |
|
15,525,000 |
|
15,525,000 |
|
0 |
|
397,364 |
|
397,364 |
|
0 |
|
Greywolf Capital Partners II LP |
|
6,975,000 |
|
6,975,000 |
|
0 |
|
178,526 |
|
178,526 |
|
0 |
|
Hallmark Convertible Securities Fund |
|
20,000 |
|
20,000 |
|
0 |
|
512 |
|
512 |
|
0 |
|
HFR CA Global Opportunity Master Trust |
|
314,000 |
|
314,000 |
|
0 |
|
8,037 |
|
8,037 |
|
0 |
|
HFR CA Global Select Master Trust Account |
|
960,000 |
|
960,000 |
|
0 |
|
24,571 |
|
24,571 |
|
0 |
|
HFR CA Select Fund |
|
700,000 |
|
700,000 |
|
0 |
|
17,917 |
|
17,917 |
|
0 |
|
HFR RVA Select Performance Master Trust |
|
135,000 |
|
135,000 |
|
0 |
|
53,219 |
|
3,455 |
|
49,763 |
|
HSBC Investments (USA) Inc. a/c HSBC Multi Strategy Arbitrage Fund |
|
1,000,000 |
|
1,000,000 |
|
0 |
|
25,595 |
|
25,595 |
|
0 |
|
ICI American Holdings Trust |
|
70,000 |
|
70,000 |
|
0 |
|
1,792 |
|
1,792 |
|
0 |
|
Inflective Convertible Opportunity Fund I, L.P. |
|
5,000,000 |
|
5,000,000 |
|
0 |
|
127,976 |
|
127,976 |
|
0 |
|
Inflective Convertible Opportunity Fund I, LTD |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
Institutional Benchmark Series (Master Feeder) Ltd. |
|
1,000,000 |
|
1,000,000 |
|
0 |
|
25,595 |
|
25,595 |
|
0 |
|
Jefferies & Co. Inc. |
|
1,200,000 |
|
1,200,000 |
|
0 |
|
69,525 |
|
30,714 |
|
38,811 |
|
JMG Capital Partners, LP |
|
21,500,000 |
|
21,500,000 |
|
0 |
|
550,295 |
|
550,295 |
|
0 |
|
JMG Triton Offshore Fund, Ltd. |
|
23,000,000 |
|
23,000,000 |
|
0 |
|
588,687 |
|
588,687 |
|
0 |
|
KBC Financial Products (Cayman Islands) Ltd. |
|
3,000,000 |
|
3,000,000 |
|
0 |
|
76,785 |
|
76,785 |
|
0 |
|
KBC Financial Products USA, Inc. |
|
5,000,000 |
|
5,000,000 |
|
0 |
|
127,976 |
|
127,976 |
|
0 |
|
LDG Limited |
|
595,000 |
|
595,000 |
|
0 |
|
15,229 |
|
15,229 |
|
0 |
|
Lehman Brothers, Inc. |
|
14,500,000 |
|
14,500,000 |
|
0 |
|
1,289,304 |
|
371,129 |
|
918,175 |
|
Lydian Global Opportunities Master Fund Limited |
|
15,000,000 |
|
15,000,000 |
|
0 |
|
383,927 |
|
383,927 |
|
0 |
|
Lydian Overseas Partners Master Fund L.P. I |
|
32,500,000 |
|
32,500,000 |
|
0 |
|
831,841 |
|
831,841 |
|
0 |
|
Lyxor Convertible Arbitrage Fund |
|
111,000 |
|
111,000 |
|
0 |
|
2,841 |
|
2,841 |
|
0 |
|
Lyxor Master Fund Ref: Argent /LowLev CB c/o Argent |
|
2,920,000 |
|
2,920,000 |
|
0 |
|
74,738 |
|
74,738 |
|
0 |
|
Lyxor/Forest Fund Limited |
|
2,909,000 |
|
2,909,000 |
|
0 |
|
313,955 |
|
74,456 |
|
239,499 |
|
Lyxor/Inflective Convertible Opportunity Fund |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
2
|
MSS Convertible Arbitrage I |
|
59,000 |
|
59,000 |
|
0 |
|
1,510 |
|
1,510 |
|
0 |
|
Nuveen Preferred & Convertible Income Fund JPC |
|
1,175,000 |
|
1,175,000 |
|
0 |
|
30,074 |
|
30,074 |
|
0 |
|
OCLC Online Computer Library Center, Inc. |
|
10,000 |
|
10,000 |
|
0 |
|
256 |
|
256 |
|
0 |
|
Nomura Securities International, Inc. |
|
10,000,000 |
|
10,000,000 |
|
0 |
|
308,851 |
|
255,951 |
|
52,900 |
|
Nuveen Preferred & Convertible Fund JQC |
|
1,600,000 |
|
1,600,000 |
|
0 |
|
40,952 |
|
40,952 |
|
0 |
|
OZ Master Fund, Ltd. |
|
41,500,000 |
|
41,500,000 |
|
0 |
|
1,062,197 |
|
1,062,197 |
|
0 |
|
Peoples Benefit Life Insurance Company Teamsters |
|
5,500,000 |
|
5,500,000 |
|
0 |
|
140,773 |
|
140,773 |
|
0 |
|
Prudential Insurance Co. of America |
|
20,000 |
|
20,000 |
|
0 |
|
512 |
|
512 |
|
0 |
|
Radcliffe SPC, Ltd. for and on behalf of the Class A Convertible Crossover Segregated Portfolio |
|
23,750,000 |
|
23,750,000 |
|
0 |
|
607,884 |
|
607,884 |
|
0 |
|
Rampart Convertible Arbitrage Investors, L.L.C. |
|
3,000,000 |
|
3,000,000 |
|
0 |
|
76,785 |
|
76,785 |
|
0 |
|
Rampart Enhanced Convertible L.L.C. |
|
265,000 |
|
265,000 |
|
0 |
|
6,783 |
|
6,783 |
|
0 |
|
Recon Arbitrage Master Fund Ltd. |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
Redbourn Partners Ltd |
|
8,000,000 |
|
8,000,000 |
|
0 |
|
204,761 |
|
204,761 |
|
0 |
|
San Diego County Employees Retirement Association |
|
2,500,000 |
|
2,500,000 |
|
0 |
|
63,988 |
|
63,988 |
|
0 |
|
Sandelman Partners Multi-Strategy Master Fund, Ltd. |
|
11,000,000 |
|
11,000,000 |
|
0 |
|
515,896 |
|
281,546 |
|
234,350 |
|
Saranac Arbitrage LTD |
|
305,000 |
|
305,000 |
|
0 |
|
7,807 |
|
7,807 |
|
0 |
|
Saranac Capital Management LP on behalf of |
|
742,000 |
|
742,000 |
|
0 |
|
18,992 |
|
18,992 |
|
0 |
|
Saranac Capital Management LP on behalf of |
|
1,469,000 |
|
1,469,000 |
|
0 |
|
37,599 |
|
37,599 |
|
0 |
|
Saranac Capital Management LP on behalf of |
|
305,000 |
|
305,000 |
|
0 |
|
7,807 |
|
7,807 |
|
0 |
|
Saranac Capital Management LP on behalf of |
|
484,000 |
|
484,000 |
|
0 |
|
12,388 |
|
12,388 |
|
0 |
|
Satellite Convertible Arbitrage Master Fund LLC |
|
5,000,000 |
|
5,000,000 |
|
0 |
|
127,976 |
|
127,976 |
|
0 |
|
Silver Convertible Arbitrage Fund, LDC |
|
660,000 |
|
660,000 |
|
0 |
|
16,893 |
|
16,893 |
|
0 |
|
Sphinx Convertible Arbitrage SPC |
|
1,218,000 |
|
1,218,000 |
|
0 |
|
116,714 |
|
31,175 |
|
85,539 |
|
Sphinx Fund c/o TQA Investors |
|
1,123,000 |
|
1,123,000 |
|
0 |
|
40,952 |
|
28,743 |
|
12,209 |
|
State of Oregon/Equity |
|
905,000 |
|
905,000 |
|
0 |
|
23,164 |
|
23,164 |
|
0 |
|
Syngenta AG |
|
50,000 |
|
50,000 |
|
0 |
|
1,280 |
|
1,280 |
|
0 |
|
TQA Master Fund |
|
6,985,000 |
|
6,985,000 |
|
0 |
|
269,490 |
|
178,782 |
|
90,709 |
|
TQA Master Plus Fund |
|
2,864,000 |
|
2,864,000 |
|
0 |
|
121,679 |
|
73,304 |
|
48,375 |
|
UBS AG London |
|
12,500,000 |
|
12,500,000 |
|
0 |
|
319,939 |
|
319,939 |
|
0 |
|
UBS Securities LLC |
|
8,500,000 |
|
8,500,000 |
|
0 |
|
217,558 |
|
217,558 |
|
0 |
|
Vicis Capital Master Fund |
|
5,000,000 |
|
5,000,000 |
|
0 |
|
127,976 |
|
127,976 |
|
0 |
|
Wachovia Bank National Association |
|
30,000,000 |
|
30,000,000 |
|
0 |
|
767,853 |
|
767,853 |
|
0 |
|
Wachovia Securities International Ltd |
|
14,000,000 |
|
14,000,000 |
|
0 |
|
358,331 |
|
358,331 |
|
0 |
|
Waterstone Market Neutral Mac 51, Ltd. |
|
1,585,000 |
|
1,585,000 |
|
0 |
|
93,294 |
|
40,568 |
|
52,726 |
|
Waterstone Market Neutral Master Fund, Ltd. |
|
8,415,000 |
|
8,415,000 |
|
0 |
|
495,392 |
|
215,383 |
|
280,009 |
|
Xavex Convertible Arbitrage 2 Fund |
|
330,000 |
|
330,000 |
|
0 |
|
8,446 |
|
8,446 |
|
0 |
|
Yield Strategies Fund I, L.P. |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
Yield Strategies Fund II, L.P. |
|
2,000,000 |
|
2,000,000 |
|
0 |
|
51,190 |
|
51,190 |
|
0 |
|
Zazove Convertible Arbitrage Fund, L.P. |
|
6,605,000 |
|
6,605,000 |
|
0 |
|
169,056 |
|
169,056 |
|
0 |
|
Zazove Hedged Convertible Fund, L.P. |
|
3,000,000 |
|
3,000,000 |
|
0 |
|
76,785 |
|
76,785 |
|
0 |
|
Zurich Institutional Benchmarks Master Fund |
|
1,703,000 |
|
1,703,000 |
|
0 |
|
70,412 |
|
43,588 |
|
26,824 |
* Includes common stock issuable within 60 days of the date hereof upon conversion of our convertible securities.
(1) Includes common stock issuable upon conversion of our 2.75% Contingent Convertible Senior Notes due 2035 at a conversion rate of approximately 25.5951 shares of common stock per $1,000 principal amount of notes.
3