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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1157

Monday, 10/11/2010 1:11:49 AM

Monday, October 11, 2010 1:11:49 AM

Post# of 30493
Two Eagle Ford deals were announced on Sunday…

Statoil pays $1.3B to form JV with TLM:
http://www.reuters.com/article/idAFLDE6990C320101010

Cnooc takes 1/3 stake in CHK acreage for $1.1B:
http://www.reuters.com/article/idAFTOE69A00220101011

The CHK deal is the first time a Chinese company has taken an equity stake in a US onshore asset.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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