China wants Eagle Ford Shale oil and gas - DFWstangs Forums
 
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post #1 of 4 (permalink) Old 10-14-2010, 03:28 PM Thread Starter
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China wants Eagle Ford Shale oil and gas

As part of the deal, the largest purchase of an interest in U.S. energy assets by a Chinese company, CNOOC has agreed to pay about $1.1 billion for a chunk of Chesapeake’s assets in the Eagle Ford, a broad oil and gas formation that runs largely from southwest of San Antonio to the Mexican border.

http://www.mysanantonio.com/business...104753969.html


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post #2 of 4 (permalink) Old 10-14-2010, 03:40 PM
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Hah, let them buy it up. When their economy gets destroyed years from now they will sell it back for pennies on the dollar.

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post #3 of 4 (permalink) Old 10-14-2010, 03:41 PM
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We need to do more of this stuff. Start selling and exporting and tax the fuck out of it. This is a great idea.

CANADIANS = DOUCHERS

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post #4 of 4 (permalink) Old 10-14-2010, 06:04 PM
Canada is welcome here.
 
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Quote:
Originally Posted by AL P View Post
Hah, let them buy it up. When their economy gets destroyed years from now they will sell it back for pennies on the dollar.
I like this idea. Any huge inconvenience to the chinese is funny to me.

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