8-K

United States

Securities and Exchange Commission

Washington, D.C. 20549

_______________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 13, 2006

Chesapeake Utilities Corporation

(Exact name of registrant as specified in its charter)

Delaware	001-11590	51-0064146
(State or other jurisdiction of	(Commission	(I.R.S. Employer
incorporation or organization)	File Number)	Identification No.)

909 Silver Lake Boulevard, Dover, Delaware 19904

(Address of principal executive offices, including Zip Code)

(302) 734-6799

(Registrant's Telephone Number, including Area Code)

_______________________________________________________________

(Former name, former address and former fiscal year, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

Chesapeake Utilities Corporation (the “Company”) announced today the commencement of a public offering of 555,000 shares of its common stock.

Robert W. Baird & Co. Incorporated is acting as the lead book-running manager and A.G. Edwards is acting as co-lead manager for the offering. The Company has agreed to provide the underwriters participating in the equity offering with a 30-day option to purchase up to an additional 83,250 shares of its common stock to cover over-allotments.

The Company will utilize the net proceeds from the equity offering to repay a portion of short-term debt, which has been used to finance the Company’s utility expansion projects.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibit 99 — Press Release of Chesapeake Utilities Corporation, dated November 13, 2006.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

Chesapeake Utilities Corporation

/s/ Michael P. McMasters

—————————————

Michael P. McMasters

Senior Vice President and Chief Financial Officer

Date: November 13, 2006

EX-99

Exhibit 99

[Chesapeake Utilities

Corporation Logo]

FOR IMMEDIATE RELEASE

November 13, 2006

NYSE Symbol: CPK

CHESAPEAKE UTILITIES CORPORATION ANNOUNCES

COMMON STOCK OFFERING

DOVER, DE - Chesapeake Utilities Corporation (NYSE:CPK) announced today it will commence a public offering of 555,000 shares of its common stock. The Company will also provide the underwriters involved in the offering with a 30-day option to purchase up to an additional 83,250 shares of its common stock to cover over-allotments.

The net proceeds from the equity offering will be used to repay a portion of short-term debt, which has been used to finance the Company’s utility expansion projects.

Robert W. Baird & Co. Incorporated is acting as the lead book-running manager and A.G. Edwards is acting as co-lead manager.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, shares of Chesapeake Utilities Corporation common stock. An offering of shares of Chesapeake Utilities Corporation common stock will be made only by means of a prospectus. The prospectus supplement and the accompanying prospectus shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Copies of the Prospectus Supplement may be obtained from Robert W. Baird & Co. Incorporated, Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, or by calling 1-800-RWBAIRD (1-800-792-2473).

Chesapeake Utilities Corporation is a diversified utility company engaged in natural gas distribution, transmission and marketing; propane gas distribution and wholesale marketing; advanced information services; and other related businesses. Information about Chesapeake's businesses is available at www.chpk.com.

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FOR MORE INFORMATION:

Michael P. McMasters, Senior Vice President and CFO

302.734.6799

Beth W. Cooper, Vice President, Corporate Secretary and Treasurer

302.734.6799