Item 4.01 Change in Registrant's Certifying Accountant.
Dismissal of Previous Independent Registered Public Accounting Firm
On and effective as of December 9, 2022, Chesapeake Granite Wash Trust (the
"Trust") dismissed Grant Thornton LLP ("GT") as its independent registered
public accounting firm.
The of GT on the Trust's financial statements (which were prepared in conformity
with the modified cash basis of accounting) for the fiscal year ended December
31, 2021 contained no adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope, or accounting principles.
During the fiscal year ended December 31, 2021 and the subsequent interim period
through December 9, 2022, there were no (i) disagreements between the Trust and
GT on any matter of accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which disagreements, if not resolved
to the satisfaction of GT, would have caused GT to make reference to the subject
matter of such disagreements in GT's report on the Trust's financial statements
for such year or (ii) "reportable events" as that term is defined in Item
304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as
amended (the "Exchange Act").
The Trust provided GT with a copy of the forgoing disclosure in this Current
Report on Form 8-K (this "Report") prior to this Report being filed with the
United States Securities and Exchange Commission (the "SEC"). The Trust
requested that GT furnish a letter addressed to the SEC stating whether or not
GT agrees with the statements made herein. A copy of GT's letter, dated December
15, 2022, is attached hereto as Exhibit 16.1.
Engagement of New Independent Registered Public Accounting Firm
On and effective as of December 15, 2022, the Trust engaged
PricewaterhouseCoopers LLP ("PwC") as its new independent registered public
accounting firm. Diversified Energy Company PLC recommended and consented to the
decisions to dismiss GT and engage PwC. On December 15, 2022, The Bank of New
York Mellon Trust Company, N.A., the trustee of the Trust, approved PwC as the
Trust's independent registered public accounting firm for the year ending
December 31, 2022, subject to PwC's customary client acceptance procedures.
During the fiscal year ended December 31, 2021 and the subsequent interim period
through December 9, 2022, respectively, neither the Trust nor anyone acting on
its behalf has consulted with PwC with respect to either (i) the application of
accounting principles to a specified transaction, either completed or proposed;
or the type of audit opinion that might be rendered on the Trust's financial
statements, and no written report or oral advice was provided to the Trust by
PwC that PwC concluded was an important factor considered by the Trust in
reaching a decision as to the accounting, auditing or financial reporting issue;
or (ii) any matter that was either the subject of a disagreement, as that term
is described in Item 304(a)(1)(iv) of Regulation S-K under the Exchange Act and
the related instructions to Item 304 of Regulation S-K under the Exchange Act,
or a reportable event, as that term is described in Item 304(a)(1)(v) of
Regulation S-K under the Exchange Act.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Document Description
16.1 Letter of Grant Thornton dated December 15, 2022 to the SEC regarding
statements included in this Form 8-K.
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