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Chesapeake Energy Marcellus Shale Development

Chesapeake Energy Marcellus Shale Development2 Chesapeake Energy Number 1 Natural Gas Driller in the Nation Exceptional Drilling Success Rate 98% The Largest Independent Producer of Natural Gas Exclusively Onshore and Domestic Exclusively Focused on Natural Gas Growth through Drill Bit and Acquisitions Founded in 1989 NYSE: CHK3 Unconventional Natural Gas DevelopmentShale Gas4 What is Shale Gas? Shale Gasis found in Organic-rich Sedimentary Rocks (Shales) that were Originally Deposited as Muds within Tidal Flats and Deep Water BasinsThese Shales have Low Permeabilityand Typically Require a Combination of Horizontal Drillingand Hydraulic Fracturingfor the Gas to be Released in Economic QuantitiesMarcellus Shale Outcrop in PennsylvaniaSource ALL Consulti

6 6 Scale: 1 inch = ≈275 miles Anadarko Basin Barnett Shale S o u t h T e x a s T e x a s G u l f C o a s t Ark-La-Tex Permian Basin Arkoma Basin Appalachian Basin Mississippian & Devonian black shales

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  Energy, Shale, Chesapeake, Chesapeake energy, Barnett shale, Barnett

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