Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Doug who wrote (201)	8/4/1997 12:11:00 PM
From: Christiaan McDonald	of 726

Not sure, we are just waiting to see how quickly the energy sector takes off. The small stocks have not kept up at all with the large oil stocks, which have done very well. We own PLLL, Parallel Petroleum. We bought early last year at about half what it is now and we are holding now because PLLL has a lot of acreage in Wharton County, near where Coastal is drilling Zeidman 2. CHK apparently has also bought in with SGO and Coastal and someone said PLLL was trying to buy in also. I don't know about that but most of what PLLL owns in Wharton Co. was bought early and at much less than the current going price. CWEI looks interesting right now, we don't own any but we are watching. I think CHK will be a great buy when all the selling is over, I am not good at predicting when this will happen which is why I am just watching CHK right now and waiting on the right time. Ken

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