Chesapeake's operations are focused on "developmental drilling and producing property acquisitions." These operations are "concentrated in three major areas: the Mid-continent, the onshore Gulf of Mexico and far northeastern British Columbia, Canada" [Chesapeake Annual Report, 1998, p. 1].

Aubrey K. McClendon is Chesapeake's Chairman of the Board, Chief Executive Officer and Director. Tom L. Ward is the President, Chief Operating Officer and Director. "McClendon met cofounder Tom Ward in the 1980'

Chesapeake Energy Corporation, 1998 10-K, Oklahoma City, Oklahoma.

The cash flow data confirms that Chesapeake's liquidity suffered severe deterioration. A reduction in current liabilities is a good sign, but the little amount of cash generated and being used to fund current obligations is not enough. Cash assets are being used to fund these obligations as well.

Some common words found in the essay are:
June December, Analysis Chesapeake, Chesapeake Corporation, Flow Statement, Chesapeake Energy, Environment Chesapeake, Finance Nov, Chesapeake Unocal, Annual Report, Latin American, oil gas, cash flow, chesapeake energy, natural gas, total assets, current liabilities, chesapeake energy corporation, energy corporation, current assets, gas industry, 1997 1998, oil gas industry, oil gas prices, oklahoma city oklahoma, 1998 annual report,
Approximate Word count = 2983
Approximate Pages = 12 (250 words per page double spaced)