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                       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)
                        OCTOBER 3, 2001 (OCTOBER 2, 2001)




                          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 Identification No.)
      of incorporation)



             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)


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                    INFORMATION TO BE INCLUDED IN THE REPORT


ITEM 5.  OTHER EVENTS

         On October 2, 2001, Chesapeake Energy Corporation issued a press
release announcing the sale of its Canadian subsidiary, confirmation of hedge
positions and $50 million stock buyback program.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (c)      Exhibits. The following exhibit is filed herewith:

         99.      Press Release issued by the Registrant on October 2, 2001.


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                                    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:  October 3, 2001


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                                  EXHIBIT INDEX





EXHIBIT        DESCRIPTION
-------        -----------
            
99             Press Release issued by the Registrant on October 2, 2001.