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): March 15, 2010

CHESAPEAKE ENERGY CORPORATION

(Exact name of Registrant as specified in its Charter)

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

6100 North Western Avenue, Oklahoma City, Oklahoma	73118
(Address of principal executive offices)	(Zip Code)

(405) 848-8000

(Registrant’s telephone number, including area code)

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))

Section 7 – Regulation FD

Item 7.01 Regulation FD Disclosure.

Effective March 15, 2010, Michael A. Johnson, Senior Vice President – Accounting, Controller and Chief Accounting Officer of Chesapeake Energy Corporation entered into a sales trading plan pursuant to Rule 10b5-1 of the Securities and Exchange Act of 1934.  The plan expires on March 15, 2011 and has been approved by Chesapeake in accordance with its Insider Trading Policy.  The plan is part of Mr. Johnson’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.

Effective March 22, 2010, Jennifer M. Grigsby, Senior Vice President – Treasurer and Corporate Secretary of Chesapeake Energy Corporation entered into a sales trading plan pursuant to Rule 10b5-1 of the Securities and Exchange Act of 1934.  The plan expires on March 22, 2011 and has been approved by Chesapeake in accordance with its Insider Trading Policy.  The plan is part of Ms. Grisby’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.

On March 25, 2010, Chesapeake Energy Corporation issued a press release announcing that it has been recognized by IR Magazine for Best Investor Relations in the Energy Sector and received the award for Best Investor Relations Website.  Chesapeake was also selected as finalist in the Grand Prix for Best Overall Investor Relations among large cap companies and Best Use of Conferencing.  The press release is attached herewith as Exhibit 99.1.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)Exhibits.  See "Index to Exhibits" attached to this Current Report on Form 8-K, which is incorporated by reference herein.

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 ENERGY CORPORATION
By:	/s/ JENNIFER M. GRIGSBY
	Jennifer M. Grigsby
	Senior Vice President, Treasurer and Corporate Secretary

Date:           March 26, 2010

EXHIBIT INDEX

Exhibit No.	Document Description
99.1	Chesapeake Energy Corporation press release dated March 25, 2010

EX-99.1

Exhibit 99.1

N e w s   R e l e a s e   Chesapeake Energy Corporation P. O. Box 18496 Oklahoma City, OK  73154

  FOR IMMEDIATE RELEASE

  MARCH 25, 2010

INVESTOR CONTACT: JEFFREY L. MOBLEY, CFA SENIOR VICE PRESIDENT - INVESTOR RELATIONS AND RESEARCH (405) 767-4763 jeff.mobley@chk.com   JOHN J. KILGALLON MANAGER – INVESTOR RELATIONS AND RESEARCH (405) 935-4441 john.kilgallon@chk.com   MEDIA CONTACT: JIM GIPSON DIRECTOR – MEDIA RELATIONS (405) 935-1310 jim.gipson@chk.com

CHESAPEAKE ENERGY CORPORATION RECEIVES

INVESTOR RELATIONS MAGAZINE AWARDS

OKLAHOMA CITY, OKLAHOMA, MARCH 25, 2010 – Chesapeake Energy Corporation (NYSE:CHK) was recognized for Best Investor Relations in the Energy Sector and also received the award for Best Investor Relations Website at the 2010 IR Magazine U.S. awards program last night in New York.  Chesapeake was also selected as finalist in the Grand Prix for Best Overall Investor Relations among large cap companies and Best Use of Conferencing.

In its 15th year, IR Magazine U.S. Awards have set the benchmark of excellence in investor relations.  Based on their unique research process that directly canvases the opinions of the entire investment community, the annual event in New York brings together the entire investor relations community.

Jeffery L. Mobley, Senior Vice President of Investor Relations and Research, stated, “We greatly appreciate this recognition by IR Magazine.  Our team strives to provide transparent, comprehensive and insightful information regarding Chesapeake and the energy industry to investors and analysts and we value this feedback from nearly 4,200 investment professionals that voted in this year’s survey.”

Aubrey K. McClendon, Chesapeake’s Chief Executive Officer, commented, “Congratulations to Jeff and his team for outstanding work.  Chesapeake continues to place significant emphasis on our communications exchange with the investment community and we are honored by these awards.”

About Cross Border Ltd and IR Magazine:  Cross Border Ltd is the publisher in New York and London of IR magazine, the only global publication focused on the interface between companies and their investors.  IR Magazine hosts events in the US, the UK, Europe, Canada, Singapore, Hong Kong, China and Brazil.  Visit www.thecross bordergroup.comfor more details.

Chesapeake Energy Corporation is the second-largest producer of natural gas in the U.S.  Headquartered in Oklahoma City, the company's operations are focused on the development of onshore unconventional and conventional natural gas in the U.S. in the Barnett Shale, Haynesville Shale, Fayetteville Shale, Marcellus Shale, Anadarko Basin, Arkoma Basin, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and East Texas regions of the United States.  Further information is available at www.chk.com.