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)
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                      November 13, 2003 (November 12, 2003)



                          CHESAPEAKE ENERGY CORPORATION
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             (Exact name of Registrant as specified in its Charter)



       OKLAHOMA                       1-13726                    73-1395733
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(State or other jurisdiction     (Commission File No.)         (IRS Employer
    of incorporation)                                       Identification No.)


 6100 NORTH WESTERN AVENUE, OKLAHOMA CITY, OKLAHOMA                73118
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     (Address of principal executive offices)                    (Zip Code)



                                 (405) 848-8000
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              (Registrant's telephone number, including area code)




                    INFORMATION TO BE INCLUDED IN THE REPORT


ITEM 5.  OTHER EVENTS

Chesapeake Energy Corporation  ("Chesapeake") issued a Press Release on November
12, 2003 announcing the pricing of $200 million of 6.875% senior notes due 2016.
The following was included in the Press Release:


OKLAHOMA  CITY,  OKLAHOMA,  NOVEMBER  12, 2003 - Chesapeake  Energy  Corporation
(NYSE:CHK) today announced that it has priced a private offering of $200 million
of senior  notes due January  15,  2016,  which will carry an  interest  rate of
6.875%.  The  senior  notes  were  priced  at  98.977%  of par to yield  7.0% to
maturity. The senior notes being sold by Chesapeake will not be registered under
the  Securities  Act of 1933 and may not be offered or sold in the United States
absent registration or an applicable  exemption from registration  requirements.
The senior notes will be eligible for trading under Rule 144A.

Closing of the senior notes  offering is expected to occur on November 26, 2003,
and is subject to  satisfaction  of  customary  closing  conditions.  Chesapeake
intends to use the net  proceeds of the  offering to finance a cash tender offer
for  approximately  $111 million  outstanding  8.5% Senior Notes due 2012 and to
repay debt under its bank credit  facility of its incurred  primarily to finance
its recent acquisition of south Texas natural gas properties from Laredo Energy,
L.P. and its partners.

This announcement  shall not constitute an offer to sell or a solicitation of an
offer to buy.  This  document  contains  forward-looking  statements  within the
meaning of Section  27A of the  Securities  Act of 1933 and  Section  21E of the
Securities  Exchange Act of 1934.  Forward-looking  statements include estimates
and give our current  expectations  or forecasts of future  events.  Although we
believe our forward-looking  statements are reasonable,  they can be affected by
inaccurate assumptions or by known or unknown risks and uncertainties.


CHESAPEAKE ENERGY CORPORATION IS ONE OF THE SIX LARGEST  INDEPENDENT NATURAL GAS
PRODUCERS IN THE U.S.  HEADQUARTERED IN OKLAHOMA CITY, THE COMPANY'S  OPERATIONS
ARE FOCUSED ON EXPLORATORY  AND  DEVELOPMENTAL  DRILLING AND PRODUCING  PROPERTY
ACQUISITIONS IN THE MID-CONTINENT REGION OF THE UNITED STATES.


                                       2



Chesapeake  issued an additional  Press Release on November 12, 2003  announcing
the pricing of $150 million of 5% cumulative  convertible  preferred  stock. The
following was included in the Press Release:


OKLAHOMA  CITY,  OKLAHOMA,  NOVEMBER  12, 2003 - Chesapeake  Energy  Corporation
(NYSE:CHK)  today  announced that it has priced a public offering of 1.5 million
shares of cumulative  convertible preferred stock at its liquidation  preference
of $100 per share.  Chesapeake also has granted the underwriters a 30-day option
to purchase up to 225,000 additional shares of preferred stock.

Each share of  preferred  stock will be  subject  to an annual  cumulative  cash
dividend of $5.00 payable quarterly when, as and if declared by the company,  on
the 15th day of each February, May, August, and November to holders of record as
of the first day of the payment  month,  commencing  on February 15,  2004.  The
preferred stock will not be redeemable.

Each preferred share will be convertible at any time at the option of the holder
into 6.0962  shares of  Chesapeake  common  stock,  which is based on an initial
conversion  price of $16.40 per common share. The conversion price is subject to
customary  adjustments in certain  circumstances.  The preferred  shares will be
subject to mandatory  conversion after November 18, 2006 into Chesapeake  common
stock, at the option of the company, if the closing price of Chesapeake's common
stock  exceeds  130% of the  conversion  price for 20  trading  days  during any
consecutive 30 trading day period.

Closing of the  preferred  stock  offering is expected to occur on November  18,
2003, and is subject to satisfaction of customary closing conditions. Chesapeake
intends to use the net  proceeds  of the  offering  to repay debt under its bank
credit facility  incurred  primarily to finance its recent  acquisition of south
Texas natural gas properties from Laredo Energy, L.P. and its partners.

Copies of the  prospectus  relating to the  offering  may be  obtained  from the
company at 6100 North Western,  Oklahoma City, Oklahoma 73118,  attention Martha
A. Burger.

This press release 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 state. This document contains
forward-looking  statements  within the meaning of Section 27A of the Securities
Act  of  1933  and  Section  21E  of  the  Securities   Exchange  Act  of  1934.
Forward-looking  statements include estimates and give our current  expectations
or  forecasts  of  future  events.   Although  we  believe  our  forward-looking
statements are reasonable,  they can be affected by inaccurate assumptions or by
known or unknown risks and uncertainties.

CHESAPEAKE ENERGY CORPORATION IS ONE OF THE SIX LARGEST  INDEPENDENT NATURAL GAS
PRODUCERS IN THE U.S.  HEADQUARTERED IN OKLAHOMA CITY, THE COMPANY'S  OPERATIONS
ARE FOCUSED ON EXPLORATORY  AND  DEVELOPMENTAL  DRILLING AND PRODUCING  PROPERTY
ACQUISITIONS IN THE MID-CONTINENT REGION OF THE UNITED STATES.


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ITEM 9.  REGULATION FD DISCLOSURE

With the filing of this report on Form 8-K, we are  updating  the outlook on our
website at  WWW.CHKENERGY.COM.  We caution  you that our  outlook is given as of
November 12, 2003 based on currently available information,  and that we are not
undertaking any obligation to update our estimates as conditions change or other
information becomes available.

The primary changes from our October 30, 2003 guidance are explained as follows:

1)   The effects of recently announced capital  transactions on interest expense
     and share count.

2)   We have also updated the  projected  effects in 2004 from a minor change in
     our hedging  positions  (additional  swap for 20,000 mcf of gas per day for
     2004).

3)   We have  included our  expectations  for future NYMEX oil and gas prices to
     illustrate   hedging   effects  only.  They  are  not  a  forecast  of  our
     expectations for 2003 or 2004 and natural gas prices.




                                    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, thereunto duly authorized.

                                             CHESAPEAKE ENERGY CORPORATION


                                         BY: /S/ Aubrey K. McClendon
                                             ----------------------------------
                                                 Aubrey K. McClendon
                                              Chairman of the Board and
                                               Chief Executive Officer


Dated:        November 13, 2003