Friday, November 4, 2011

Absolutely Nothing To Do With The Bakken -- Let the Guessing Begin --

What international major energy company will form a joint venture with Chesapeake Energy Corp. and acquire a 25% interest in 650,000 net acres in the wet natural gas area of the Utica shale play in eastern Ohio?

I assume one can consider ExxonMobil an international energy company. CNOOC? Based on relationships in Eagle Ford, that's my guess.

This was almost two years ago to the day:
Chesapeake Energy Corp.and CNOOC Ltd. have closed on the project cooperation that gives CNOOC International Ltd. a 33.3% undivided interest in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale in South Texas.

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