Transcription of Chesapeake Energy Marcellus Shale Development
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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 Consulting, 20085 Shale Gas DistributionShale Gas is Found Throughout the Eastern, Southern and West-Central parts of the Country within Major Sedimentary BasinsBlack Shales within the Appalachian Basin, such as the Marcellus , are
2 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
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