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.