Chesapeake Energy (CHK) COO Enters 10b5-1 Stock Trading Plan

July 2, 2009 4:18 PM EDT

Chesapeake Energy Corporation (NYSE: CHK) disclosed that Steven C. Dixon, Executive Vice President - Operations and Chief Operating Officer, 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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