Replies to post #3950 on The Rising Influence of Rising Affluence

[go seek]

CHK is well run company IMO... they are well respected in this community (NW LA - Haynesville play)
and one may do extremely well buying this one and throwing it in a drawer for 5 years (or less).

At some point in time NG will have its day and CHK has NG assets out the Wazoo!

[DewDiligence]

Sinopec, DVN ink $2.2B shale deal:

http://finance.yahoo.com/news/Sinopec-Devon-2-2-billion-rb-2914628826.html?x=0

Sinopec is investing in 1.2 million acres [~1/3 of DVN’s holdings] in Devon's positions in the Tuscaloosa Marine Shale in Alabama and Mississippi, the Niobrara in Colorado, the Mississippian, the Utica Shale in Ohio, and the Michigan Basin.