text: We are producing from approximately 150 net Granite Wash 
  wells, are currently drilling with 16 rigs and estimate we could drill 
  up to 1,700 additional net wells on our 215,000 net leasehold acres in 
  the years ahead. Based on current NYMEX futures prices for natu- 
  ral gas and oil, each Granite Wash well should generate approxi- 
  mately $11.5 million of present value (or up to an undiscounted 
  total of $19.5 billion for all 1,700 wells), making it obvious why finding, 
  leasing and developing more unconventional liquids-rich plays was 
  Chesapeake’s number one priority for 2010. We were very successful 