Item 7.01 Regulation FD Disclosure.
On June 30, 2009, Steven C. Dixon, Executive Vice President - Operations and
Chief Operating Officer of Chesapeake Energy Corporation entered into a sales
trading plan pursuant to Rule 10b5-1 of the Securities and Exchange Act of
1934. The plan expires on June 30, 2010 and has been approved by Chesapeake in
accordance with its Insider Trading Policy. The plan is part of Mr. Dixon's
long-term strategy to diversify assets. Other Chesapeake executives may enter
into Rule 10b5-1 trading plans in the future, from time to time.
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