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Chesapeake Energy Corp
June 2012 Investor Presentation
| Jeffrey L. Mobley | Page 2 of 11 |
November 30, 2015
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"Chesapeake Energy Corp"
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June 2012 Investor Presentation ESCAPING GRAVITATIONAL PULL OF WEAK NG PRICES 2 We anticipate a major improvement in operational and financial performance when natural gas prices begin recovery and accelerate value creation, primarily driven only by liquids plays today Oil DJIA CHK Natural Gas Source: Bloomberg as of 6/1/2012 (1) Front month prices (1) (1)