Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (162398)	1/13/2012 4:08:10 PM
From: sammie44	of 206178

>>> Keep getting rumour alerts for LNG on the trading platform. Who would want to buy these guys? CVX is supposedly kicking the tires.>>> CVX actually makes a lot of sense if you believe in MMR's ultra-deep shelf play. Buy LNG, buy MMR and you have a potentially 100 Tcfe resource very close to your own export terminal. MMR and CVX are rounding errors for CVX. CVX current partner with MMR and SGY in ultra-deep wells and was one of two biggest buyers of leases on deep shelf areas at latest MMS - or whatever its called now - lease sale.

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