EnergyNet.com

Meagher Oil & Gas Properties, Inc., as Agent for Chesapeake has retained EnergyNet to divest Woodford Shale Leasehold and Producing Properties

—AMARILLO, TX, February 2008, (www.energynet.com) –

Chesapeake Energy is currently selling multiple Woodford Shale properties located in Coal, Hughes, Mcintosh and Pittsburg Counties, Oklahoma and has retained EnergyNet, Inc. for the sale of these properties.

Combined, these properties consist of over 24,300 Net Acres of leasehold in 155 Non-Producing and 38 Producing Lots. The average aggregate monthly cash flow for the producing lots is approximately $193,711.22

The closing dates for these properties are February 26, 2008 to March 13, 2008. For more information regarding these properties visit our website at http://www.energynet.com or call us Toll Free (877) 351.4488.

You must be a pre-certified, registered and accredited investor in accordance with SEC Rule 501, of Regulation D, to evaluate or purchase properties on EnergyNet.com. Data and listings on EnergyNet.com do not constitute a public offering and are made available only to qualified persons. Data and listings on EnergyNet.com do not constitute an offer or solicitation to purchase or sell oil and gas properties. This notice is intended for distribution only to sophisticated and knowledgeable parties.

INVESTMENTS IN OIL AND GAS PROPERTIES INVOLVES SUBSTANTIAL RISK, INCLUDING POSSIBLE LOSS OF PRINCIPAL.