Chesapeake Energy Corp (CHK): There is a shocking news to oil reserves...

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Re: LouisDesyjr post# 2791

Friday, 03/11/2016 11:41:31 AM

Friday, March 11, 2016 11:41:31 AM

There is a shocking news to oil reserves (less) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121113473 "By Ron Bousso

LONDON, March 10 A string of downgrades to Iraqi Kurdistan's oil reserves is a fresh blow to the autonomous region's fledgling oil industry already crippled by conflict, political strife and low crude prices.

The revisions - resulting from a closer inspection of oilfields after drillers hit more water than expected - take the shine off one of the world's largest oil and gas reserves, which had drawn investors such as Exxon Mobil...."

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