Innovative Economy/Workforce Panel

Chesapeake Energy CorporationLisa Phelps – Vice President Human Resources

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About Chesapeake

• Large natural gas and oil producer• OKC headquarters/140 locations/16 states• Revenues – $37 Billion• 10,600+ employees; 4,100 OKC • Diverse workforce

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Workforce Planning at CHK

• Bridging the generation gap– Academic Partnerships– Mentoring Programs – Community Development

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Academic Partnerships

• College Recruiting– 110 events at 31 colleges across 9 states

• 9 Oklahoma-based Universities

• Internship Program– 191 interns across all departments; 90 from

Oklahoma– Exposure to the industry; substantial projects

• CHK Scholars Program– Energy-related scholarships– 34 universities and colleges in 13 states– Pledged 8 million through 2014

• $1.2 million in Oklahoma4

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Mentoring Programs

• Mentoring Programs– Horace Mann Elementary; Belle Isle Enterprise Middle

School; and Harding Charter Preparatory High School– All 450 students have mentors– Exposed more than 2,500 Oklahoma students to

mentors since program inception

• Peak Program– CHK mentors for CHK Scholarship recipients

• Oklahoma State University• University of Oklahoma• University of Texas

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Community Development

• $25 Million in Corporate Sponsorships– $13.5 million in Oklahoma

• United Way – Employee Drive– $4.7 million to UW across all locations– $4.1 million to UW of Oklahoma

• Operation Blue Summer Campaign– 4 paid hours of work time to volunteer– 4,900 employees donated 30,900 hours of service

to 519 organizations in more than 96 communities. • 15,000 of these hours were in Oklahoma

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Presentation Title – Date (mm/dd/yyyy)Community Development Cont…

• H.E.L.P. Initiative– Rebuilding Together– Regional Food Bank of Oklahoma– Joshua’s Hope– Litterblitz– St. Baldricks– Holiday initiatives– Tornado clean-up– And more!

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Community Develop Cont…

• Forward OKC IV Campaign– Business Growth and Economic Development

Projects– $2 million from CHK payable over the next five years

• Greater Grads Program Sponsor• Conference of Mayors

– $250,000 Sponsorship– Hosted the NGV Clean Urban Zone

• Boathouse District Development– Chesapeake Boathouse– OKC Boathouse Foundation– Finish Line Tower– Devon Boathouse– UCO Boathouse

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CHK’s Economic Impact

• $4.7 million in property taxes• Massive campus expansion underway

– OKC Chamber Economic Division estimates economic impact in excess of $293 million over a five year period

• Royalty Payments– $450 million to Oklahoma residents– $150 million in taxes

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Workforce Planning - Results

• Talent recruitment and retention • Improved image and brand• More diverse workforce• Ahead of Talent Mgmt curve

– 51% of employees under age 35– 84% have less than five years of service

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