With new blood taking the reins at Chesapeake Energy (NYSE:CHK), investors can start focusing on the company's business operations instead of upper management's extracurricular distractions. With Aubrey McClendon heading for the exit, the new Chesapeake Energy, with its 15 million net acres of highly valuable land, looks to be an incredibly enticing value play. In this video, Motley Fool energy analyst Joel south discusses three areas to like about the transforming company.

Joel South has no position in any stocks mentioned. The Motley Fool has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.