Back to Tender Offer Statement Exhibit (a)(1)(B)

REPURCHASE NOTICE

To: Chesapeake Energy Corporation

The undersigned registered holder of the 2.5% Contingent Convertible Senior Notes due 2037 (the “Security”) requests and instructs Chesapeake Energy Corporation (the “Company”) to repurchase this Security, or the portion hereof (which is $1,000 principal amount or a multiple thereof) designated below, on the date specified below under “Date of Requested Repurchase,” in accordance with the terms and conditions specified in paragraph 7 of this Security and the Indenture referred to in this Security and directs that the check in payment for this Security or the portion thereof and any Securities representing the portion of principal amount hereof not to be so repurchased, be issued and delivered to the registered holder hereof unless a different name has been indicated below. If any portion of this Security not repurchased is to be issued in the name of a Person other than the undersigned, the undersigned shall pay all transfer taxes payable with respect thereto.

Dated: _________________________, 2017

Signature(s)

Fill in for registration of Notes not repurchased

if to be issued other than to and in the name of the

registered holder:

(Name)

(Street Address)

(City, state and zip code)

Please print name and address

Principal amount to be repurchased (if less than all): $___________________

Date of Requested Repurchase: May 15, 20___

(specify either May 15, 2017, 2022, 2027 or 2032)

Certificate number (if applicable): ____________________