Photo credit: Chesapeake Energy 

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, which it sees 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.