Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (161098)	12/14/2011 2:26:30 PM
From: dvdw©	Read Replies (1) \| Respond to of 206089

CHK's CEO is a smart cookie, he's been one of the few Quantum CEO's during a long evolution. Remember he sold Bakken assets just ahead of the cycle unfolding, instead of hiding from the awareness that crept up on the oil business, he learned what it means to mine for nucleated oils, subsequently, in doing so he's arranged, a very nice plate of delicious for his buffet.....IMO, he might prove to be the smartest guy in the room, all because he unlearned the mouthspeak, and relearned the real world.

To: t4texas who wrote (161098)	12/15/2011 1:38:07 PM
From: Dennis Roth	1 Recommendation Read Replies (1) \| Respond to of 206089

Cnooc, Sinopec Vie Over Fracking Chinese Oil Producers and Saudi Aramco Compete for $2 Billion Stake in U.S. Shale-Gas Services Company online.wsj.com excerpt: Frac Tech is close to agreeing to joint ventures with Sinopec in China, Saudi Aramco in the Mideast and Repsol YPF SA in Argentina, according to the person familiar with Frac Tech. The Fort Worth, Texas, company would take a 49% stake in each project, with the foreign partner taking the remainder. A consortium led by Singaporean state-owned investment firm Temasek Holdings Pty. Ltd. and including sovereign-wealth funds Korea Investment Corp., China Investment Corp. and the Abu Dhabi Investment Council owns 70% of Frac Tech. The rest is held by U.S. natural-gas company Chesapeake Energy Corp. The stake sale up for bid likely would involve Frac Tech issuing new shares and a partial stake sale by existing shareholders, the person familiar with the matter said. The funds raised would help Frac Tech's international expansion.