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CHESAPEAKE ENERGY: U.S. Trustee Appoints Royalty Owners’ Committee

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Henry Hobbs Jr., acting U.S. trustee for Region 7, appointed nine creditors to the committee of royalty owners in the Chapter 11 cases of Chesapeake Energy Corp. and its affiliates.

The committee members are:

1. B.D. Griffin
501 N. Thompson, Suite 300
Conroe, TX 77301
Tel: 936-520-7221/936-538-8202
Fax: 936-760-6920
Email: bd.griffin@mctx.org

Counsel: Circelli, Walter & Young, PLLC
George Parker Young, Esq.
500 East 4th Street, Suite 250
Fort Worth, TX 76102
Tel: 817-697-4942
Fax: 817-697-4844
Email: gpy@cwylaw.com

2. Jeff G. Snowden
Capex Consulting Group
3245 Main Street, Suite 235-171
Frisco, TX 75033
Tel: 214-619-0692/214-514-6382
Fax: 214-619-0694
Email: jsnowden@capexconsulting.com

Counsel: Circelli, Walter & Young, PLLC
George Parker Young, Esq.
500 East 4th Street, Suite 250
Fort Worth, TX 76102
Tel: 817-697-4942
Fax: 817-697-4844
Email: gpy@cwylaw.com

3. Ron Carlton
CTF, Ltd.
100 Cinder Road NE
Carrollton, OH 44615-9637
Tel: 330-738-4391
Email: suregroup2@gmail.com

Counsel: Sharp Law, LLP
Rex Sharp, Esq.
Barbara Frankland, Esq.
5301 West 75th Street
Prairie Village, KS 66208
Tel: 913-222-2479/913-901-0505
Fax: 913-901-0419
Email: bfrankland@midwest-law.com

– and –

Krugliak, Wilkins, Griffiths &
Dougherty Co., LPA
Gregory Watts, Esq.
4775 Munson Street, N.W.
Canton, OH 44718
Tel: 330-497-0577
Fax: 330-497-4020
Email: gwatts@kwgd.com

4. Daniel A. Leis
Union Pacific Railroad Company
1400 Douglas Street, Stop 1690
Omaha, NE 68179
Tel: 402-544-8533
Email: daleis@up.com

Counsel: Harris, Finley & Bogle PC
James E. Key, Esq.
777 Main Street, Suite 1800
Fort Worth, TX 76102
Tel: 817-870-8735
Email: jkey@hfblaw.com

5. Ryan Watts
Addax Minerals Fund, L.P.
5950 Berkshire Lane, Suite 1250
Dallas, TX 75225
Tel: 972-861-0104/214-534-4100
Email: rwatts@springbokenergy.com

Counsel: Burns Charest LLP
Daniel Charest, Esq.
Spencer Cox, Esq.
900 Jackson Street, Suite 500
Dallas, TX 75202
Tel: 469-904-4555/214-681-8444
Fax: 469-444-5002
Email: dcharest@burnscharest.com

6. Clark A. Beebe
2092 Lakeside Drive West
P.O. Box 194
Highland Lakes, NJ 07422
Tel: 908-265-4019
Email: beebeinnj@gmail.com

Counsel: Indik McNamara & Dallarda, PC
Thomas S. McNamara, Esq.
123 South Broad Street, Suite 2170
Philadelphia, PA 19109
Tel: 215-567-7125/732-821-2500
Fax: 215-563-8330/484-930-0408
Email: tmcnamara915@gmail.com

7. Michael D. Donovan
1885 Swedesford Road
Malvern, PA 19355
Tel: 610-647-6067
Fax: 610-647-7215
Email: mdonovan@donovanlitigationgroup.com

Counsel: Donovan Litigation Group, LLC
Michael D. Donovan, Esq.
1885 Swedesford Road
Malvern, PA 19355
Tel: 610-647-6067
Fax: 610-647-7215
Email: mdonovan@donovanlitigationgroup.com

8. Aaron D. Hovan
154 Warren Street
P.O. Box 336
Tunkhannock, PA 18657
Tel: 570-836-3121
Email: adh23@columbia.edu

Counsel: Schnader Harrison Segal & Lewis LLP
Ira Richards, Esq.
1600 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 215-751-2503
Email: irichards@schnader.com

9. Charles E. Schaffer
510 Walnut Street, Suite 500
Philadelphia, PA 19106
Tel: 215-592-1500/215-518-0309
Email: cschaffer@lfsblaw.com

Counsel: Levin Sedran & Berman
Charles E. Schaffer, Esq.
510 Walnut Street, Suite 500
Philadelphia, PA 19106
Tel: 215-592-1500/215-518-0309
Email: cschaffer@lfsblaw.com

Counsel: Larry D. Moffett, Esq.
2086 Old Taylor Road, Suite 1012
Oxford, MS 38655
Email: larry@larrymoffett.com

Counsel: Lieff, Cabraser, Heimann & Bernstein LLP
David S. Stellings, Esq.
Daniel Seltz, Esq.
250 Hudson Street, 8th Floor
New York, NY 10013
Email: dstellings@lchb.com
Email: dseltz@lchb.com

Counsel: Cuneo Gilbert & LaDuca, LLP
Charles J. LaDuca, Esq.
507 C Street, NE
Washington, DC 20002
Email: charles@cuneolaw.com

Counsel: Barrett Law Group
John W. (“Don”) Barrett, Esq.
P.O. Drawer 927
Lexington, MS 39095
Email: dbarrett@barrettlawgroup.com

Counsel: The O’Brien Law Group LLC
Michelle R. O’Brien, Esq.
3738 Birney Avenue
Moosic, PA 18507
Email: mobrien@theobrienlawgroup.com

Counsel: Law Office of Francis P. Karam
Francis P. Karam, Esq.
Jerry Karam, Esq.
Doug Clark, Esq.
175 Varick Street
New York, NY 10014
Email: frank@fkaramlaw.com

Counsel: Obermayer Rebmann Maxwell & Hippel LLP
D. Alexander Barnes, Esq.
Centre Square West
1500 Market Street, Suite 3400
Philadelphia, PA 19102
Tel. 610-506-8000
Fax 215-665-3165
Email: alexander.barnes@obermayer.com

Official creditors’ committees serve as fiduciaries to the general population of creditors they represent. They may investigate the debtor’s business and financial affairs. Committees have the right to employ legal counsel, accountants and financial advisors at a debtor’s expense.

About Chesapeake Energy

Headquartered in Oklahoma City, Chesapeake Energy Corporation’s (NYSE: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.

Chesapeake Energy reported a net loss of $308 million for the year ended Dec. 31, 2019. As of Dec. 31, 2019, the company had $16.19 billion in total assets, $2.39 billion in total current liabilities, $9.40 billion in total long-term liabilities, and $4.40 billion in total equity.

Chesapeake Energy and its affiliates sought Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 20-33233) on June 28, 2020, after reaching terms of a Chapter 11 plan of reorganization to eliminate approximately $7 billion of debt.

Debtors have tapped Kirkland & Ellis LLP as legal counsel; Alvarez & Marsal as restructuring advisor; Rothschild & Co and Intrepid Financial Partners as financial advisors; and Reevemark as communications advisor. Epiq Global is the claims agent, maintaining the page http://www.chk.com/restructuring-information.

Wachtell, Lipton, Rosen & Katz serves as legal counsel to Chesapeake Energy’s Board of Directors.

MUFG Union Bank, N.A., the DIP facility agent and exit facilities agent, has tapped Sidley Austin LLP as legal counsel; RPA Advisors, LLC as financial advisor; and Houlihan Lokey Capital, Inc. as investment banker.

Davis Polk & Wardell LLP and Vinson & Elkins L.L.P. serve as legal counsel to an ad hoc group of first lien last out term loan lenders while Perella Weinberg Partners and Tudor, Pickering, Holt & Co. serve as the group’s investment bankers.

Franklin Advisers, Inc. has tapped Akin Gump Strauss Hauer & Feld LLP as legal counsel; FTI Consulting, Inc. as financial advisor; and Moelis & Company LLC as investment banker.

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