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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Aquaman who wrote (400)7/29/1998 3:06:00 PM
From: Matt McCormick  Read Replies (1) of 726
 
Mr. Sowell,

I will check this site and talk to a few local operators and see what their feel is. I have contacts with a few independent operators who deal wholly in strippers.

I have been interested in investing in some smaller producing properties that someone like Texaco or some other major is trying to get rid of. With the prices what they are, the talk is to sell minor producers to gain capital for other prospects. Let me know if you have any interest in this at all.

I saw that Anadarko hit a big discovery in Offshore LA. 140 million barrels of oil in estimated reserves. Their stock is having a nice spike today and is expected to gain 10 points on its average.
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