SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: Urlman who wrote (13667)3/24/2000 4:46:00 PM
From: jwk  Read Replies (1) | Respond to of 14347
 
Nice find. Here's the beefy part from it...>>>Which brings us to Colorado billionaire Philip Anschutz, another longtime oil industry investor who is known for his good timing, shrewd judgment and a record for doing things right. It's no secret among oil industry insiders that he intends to buy up distressed oil and gas properties. He has already become one of the largest bondholders in Forcenergy ( FENYQ:OTC BB - news - boards), which has filed for Chapter 11 reorganization. And he holds a controlling stake in Forest Oil (FST:NYSE - news - boards).

In recent weeks there has been growing chatter than Anschutz has told Forest that he could be willing to make available to Forest as much as $500 million for oil patch investments. In essence, that would make Forest his public oil industry vehicle.

<<<<