1. Chesapeake Energy has a large land position of 1,600,000 acres in an oil-rich region called the Rome Trough, with potential to recover over 1 to 4.5 billion barrels of oil equivalent from stacked zones. 2. Chesapeake has drilled two vertical core wells on their 1.4 million acres of held-by-production lands and minerals to understand the geology and hydrocarbon potential. 3. Competitors are de-risking areas around Chesapeake's land by drilling exploratory wells, helping confirm the productive geology across the region.