Chesapeake Energy Corp (CHK)

[LouisDesyjr]

Lack of information on asset sales

So far CHK has released information about the assets sold, or are scheduled to be sold, but nothing about what was the cost basis for the assets sold off.

At some point an 8K report should be filed that will detail if there was a gain or loss on the sales, and how much.

I think it is troubling that CHK would release information that a sale took place, but not disclose if there was a gain or loss on the sales. For the amount of money involved the gain or loss could be important.

Louis J. Desy Jr.