Chesapeake Energy (NYSE: CHK) recently held its annual investor day. Among the many topics the company discussed was its emerging position in the Powder River Basin in the Rocky Mountains. The company sees this becoming a world-class asset. That enthusiasm isn't just being conveyed by Chesapeake Energy. Earlier this year EOG Resources (NYSE: EOG) announced that it was adding four new Rocky Mountain oil plays to its drilling inventory while Devon Energy (NYSE: DVN) noted that it was drilling high impact wells in the Powder River Basin.
Needless to say with some of America's biggest shale drillers all focusing on this new play, investors need to take a closer look at its potential. To help investors gain a better understanding of the play I've put together the following slideshow. The presentation takes a close look at the emerging position of Chesapeake Energy, EOG Resources and Devon Energy.