China stakes claim to S. Texas oil, gas

Posted by Turn Key Oil on October 13, 2010 · Leave a Comment 

COTULLA-DRILLING-650

HOUSTON — State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves. With the announcement Monday that it would pay up to $2.2 billion for a one-third stake in Chesapeake Energy assets, CNOOC lays … Read more

Filed under Chesapeake, China, CNOOC, Texas Oil · Tagged with , , , , , , , ,

A Must Read Interview About Deepwater Horizon and BP Featuring An Anonymous Employeee Who Was On The Rig

Posted by Turn Key Oil on May 10, 2010 · Leave a Comment 


On Friday, April 30th 2010, an anonymous caller contacted the Mark Levin Show to clarify the events that preceded the Deepwater Horizon tragedy. Rigzone has transcribed this broadcast for your convenience. To hear the actual radio broadcast please visit http://www.MarkLevinShow.com… http://www.rigzone.com/news/article.asp?a_id=92765… Mark: We are talking to a caller under an assumed name who was on … Read more

Filed under BP, British Petroluem, Oil News, oil spill, oil stocks · Tagged with , , , ,