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                                                                    EXHIBIT 23.3



                         CONSENT OF INDEPENDENT AUDITORS



We consent to the reference to our firm under the caption "Experts" in the
Registration Statement (Form S-4 dated June 19, 1998) and related Prospectus of
Chesapeake Energy Corporation for the registration of $500,000,000 9 5/8% Series
B Senior Notes Due 2005, and to the incorporation by reference therein of our
report dated March 24, 1998, with respect to the consolidated financial
statements and schedules of Hugoton Energy Corporation included in its Annual
Report (Form 10-K) for the year ended December 31, 1997, filed with the
Securities and Exchange Commission.


                                                  /s/ ERNST & YOUNG LLP
                                                      ERNST & YOUNG LLP

Wichita, Kansas
June 16, 1998