Chesapeake Energy Corporation (CHK, CHK-B, CHK-D)
About Chesapeake Energy Corporation
Chesapeake Energy Corporation acquires, explores and develops properties for the production of crude oil and natural gas. Chesapeake Energy is the second largest independent producer of natural gas in the United States.
In addition to exploring and producing oil and gas from underground reservoirs, Chesapeake Energy Corporation provides marketing services, such as:
- Commodity price structuring
- Contract administration
- Nomination services
Chesapeake Energy Corporation owns major properties throughout the southwest, including oil and gas assets in Permain Basin and Mid-Continent, and gas assets in South Texas it purchased from Concho Resources Inc. in 2004. In addition to owning interests in approximately 30,600 producing oil and gas wells, Chesapeake Energy has proved reserves of approximately 7.5 trillion cubic feet of natural gas equivalent (tcfe). All of Chesapeake Energy's natural gas is onshore and approximately 92% of it, by volume, will burn clean.
About Cutler Capital Management
Cutler Capital Management of Worcester, Mass. (www.cutlercapital.com) is an investment management firm specializing in investing in convertible securities, real estate investment trusts (REITs) and dividend-paying bank stocks to provide growth and income to high-net-worth investors, and charitable foundations and other non-profit organizations. Founder Melvin S. Cutler has researched and invested in securities since 1975 and currently manages more than $245 million in assets.
Cutler Capital currently manages two private investment funds to meet the differing investment goals, tolerance for risk and investment timelines of our clients. In each case, capital from like-minded investors is pooled and invested in a diversified group of convertible securities, REITs and dividend-paying bank stocks.
For performance information and other key features about Cutler's private investment funds please register here.
Private investment funds advised by Cutler Capital Management LLC are not offered or sold to the public. Funds are accessible only to investors who are considered " qualified clients" within the meaning of Rule 205-3 under the Investment Advisers Act of 1940, as amended, who receive a confidential private placement memorandum issued by the fund and who ultimately become parties to the operating agreement governing operation of the fund.
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