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Re: browland1 post# 3148

Sunday, 05/15/2016 8:33:18 PM

Sunday, May 15, 2016 8:33:18 PM

Post# of 18930
browland1, I think GE's oil and gas division is looking to buy something big. I bet they are looking at Chesapeake. Crude oil has maybe another 20 years, but NatGas has a bright future for at least 50 years. GE is in wind power. You'd think they would also go with NatGas. CHK is the number #2 gas play behind Exon Mobil. They are 60/40 gas over oil. It looks like they are moving more and more towards gas. If they are looking at Halliburton, they are also looking at Chesapeake.

I used to work for GE back in the late 1950's as a mail boy.

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