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) December 5, 2002
                               (December 6, 2002)




                          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
December 5, 2002  announcing  an offering of common  stock.  The  following  was
included in the press release:

     OKLAHOMA CITY,  OKLAHOMA,  DECEMBER 5, 2002 - Chesapeake Energy Corporation
(NYSE:CHK)  announced  today  that  it  will  file  a  preliminary  supplemental
prospectus with the Securities and Exchange  Commission relating to the proposed
public  offering of 20 million  shares of common stock.  The company  expects to
price the offering the week of December 9, 2002.

     Chesapeake  intends to use the net proceeds of the offering to finance,  in
part, its recently announced acquisition of Mid-Continent natural gas properties
from ONEOK,  Inc.,  which is scheduled to close in January 2003, or in the event
the ONEOK  acquisition  is not  consummated,  proceeds  will be used for general
corporate purposes including possible future acquisitions.

     Credit  Suisse First  Boston,  Morgan  Stanley and Salomon Smith Barney are
joint  book-running  managers for the offering.  Bear Stearns & Co. Inc., Lehman
Brothers and Johnson Rice & Company,  LLC are also managing  underwriters.  When
available,  copies of the  preliminary  prospectus  supplement  relating  to the
offering  may be  obtained  from the  offices  of Credit  Suisse  First  Boston,
Prospectus   Department,   One  Madison  Avenue,   New  York,  New  York  10010,
212-325-2580,  Morgan Stanley,  Prospectus Department,  1585 Broadway, New York,
New York 10036, 212-761-4000,  and Salomon Smith Barney, Brooklyn Army Terminal,
140 58th Street, 8th Floor, Brooklyn, New York 11220, 718-765-6732.

     Chesapeake is an independent  energy company engaged in oil and natural gas
exploitation,  acquisition and exploration  activities  primarily in the Gulf of
Mexico, the Rocky Mountains, Permian Basin/Mid-Continent and the Gulf Coast.

     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.

     Chesapeake Energy Corporation is one of the 10 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.





                                    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:        December 6, 2002