Chesapeake's New Corporate Presentation -- Bakken, North Dakota, USA

Due to my poor wi-fi connectivity, I will post just as this was sent in to me, minimal editing:

The new presentation from Chesapeake has interesting information on the natural gas station project, with map.
http://www.chk.com/Investors/Pages/Presentations.aspx

pages 11-17

Then page 18 on gas to liquid.

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The ratio of LNG semis to volts probably shows more big rigs than coal cars.

Some data points from the presentation that caught my eye:

• CHK's position in oil and natural gas plays around the country; among the top 10 in the Bakken
• Targeting liquids, but still a natural gas company
• Slide 10 is CHK's response to why they remain a natural gas company
• Natural gas (liquid natural gas -- LNG) highway system: first 90 stations creates interstate coverage coast-to-coast and border-to-border -- the map on slide 15 is awesome; I-94 across North Dakota is part of the LNG highway
• I love slide 20, a map of CHK's operating areas, and this comment: low risk asset base -- not exposed to economic, geopolitical or technological risks internationally or in the Gulf of Mexico (yes, Virginia, the permitorium is still in effect)
• I also like slide 26, the in-house services/companies owned by CHK: including NOMAC drilling (in North Dakota); FracTech; OilField Trucking Solutions; and several others
• Nomac and Bronco rigs

The new buzzword in the oil industry must be "manufacturing" -- I have seen that word in more and more oil company presentations. Here's what CHK said:

"Majority of US natural gas producers will have completed their transition from running "gas factories" making $4/unit widgets to "liquid factories" making $10 - 17/unit widgets."

It's a nice presentation to run through even if you are not invested in CHK, just to see where the US is headed with regard to energy.