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‘Tis the Season to Give…and Give Again

$1 Million Matching Gift from Chesapeake Energy Corporation Helps Feed Oklahoma Families

November 15, 2012

OKLAHOMA CITY – For the third year in a row, Chesapeake Energy Corporation has stepped up to fight hunger this holiday season in central and western Oklahoma.  Through January 15, Chesapeake will match donations to the Regional Food Bank of Oklahoma dollar for dollar - up to $1 million! 

“Chesapeake is honored to support the Regional Food Bank of Oklahoma in their efforts to feed the more than 675,000 citizens who are at risk of going hungry in our state,” said Aubrey K. McClendon, Chesapeake’s chief executive officer.  “As a top five state in the nation for food insecurity, the need for food assistance in Oklahoma is greater than ever and we feel compelled once again to do our part by offering a matching gift of $1 million in support of ongoing hunger relief in Oklahoma.  We hope others will also give generously to support this very worthy cause.”

Donations received between now and January 15, 2013 will have twice the impact on the fight against hunger.  Traditionally, the Regional Food Bank provides five meals for every dollar donated; however, thanks to this generous gift from Chesapeake, a dollar donation will now provide 10 meals to hungry Oklahomans.

Be a part of the solution and help fight hunger.  To make a tax-deductible donation to the Regional Food Bank, call (405) 604-7111 or visit regionalfoodbank.org.  Donations can also be mailed to:

Regional Food Bank of Oklahoma
Chesapeake Match                                              
P.O. Box 270968
Oklahoma City, OK, 73137-0968

“For some Oklahoma families, the holidays can be bittersweet,” said Rodney Bivens, executive director of the Regional Food Bank.  “Spending time with loved ones is a joy, but when it comes time for sharing a special meal, there may not be enough food to go around.  That is why this matching donation form Chesapeake, and support from the community, is so important.  We are struggling to keep up with increasing demand and need your help more than ever this holiday season.”

The Regional Food Bank’s administrative and fundraising costs are less than four percent.  That means 96 cents out of every dollar helps feed the hungry in our state.

“I'm 65 and not in very good health after suffering a seizure and a stroke,” said a client of the Regional Food Bank.  “My husband's VA benefits don't cover our expenses.  When our cupboards were nearly empty, we were able to turn to a food pantry nearby -- it's the only food we can rely on right now.”

Established in 1980, the Regional Food Bank is the largest private hunger-relief organization in the state of Oklahoma. In fiscal year 2012, the nonprofit distributed 42.2 million pounds of food and products through a network of nearly 1,000 charitable feeding programs and schools in 53 central and western Oklahoma counties. Each week, the organization provides enough food to feed more than 90,000 hungry Oklahomans.

Connect online with the Regional Food Bank at twitter.com/rfbo or facebook.com/regionalfoodbank.

View and download photos of Regional Food Bank clients.

The Regional Food Bank of Oklahoma is a private, 501(c) (3) nonprofit organization that acts as a link through which the food industry and community may donate food and other goods. The products are then distributed to nearly 1,000 schools and charitable feeding programs in 53 central and western Oklahoma counties. In fiscal year 2012, the Food Bank distributed 42.2 million pounds of food and product to help the charitable community effectively feed people in need. Since its inception in 1980, the Food Bank has distributed more than 460 million pounds of food to feed Oklahoma’s hungry.

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S.  Chesapeake owns leading positions in the Eagle Ford, Utica, Granite Wash, Cleveland, Tonkawa, Mississippi Lime and Niobrara unconventional liquids plays and in the Marcellus, Haynesville/Bossier and Barnett unconventional natural gas shale plays.  The company also owns substantial marketing and oilfield services businesses through its subsidiaries Chesapeake Energy Marketing, Inc. and COS Holdings, L.L.C.  Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.

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