China stakes claim to S. Texas oil, gas

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

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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

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Straight From The Billionaires Mouth: Pickens Talks The Future And Return of Triple Digit Oil

Posted by Turn Key Oil on July 13, 2010 · 1 Comment 

T Boone Pickens Oil Investment NY Times

At 82, T. Boone Pickens has worn multiple (10-gallon) hats: billionaire investor, corporate raider, hedge fund manager, and proselytizer for natural gas and wind — not to mention fervent Oklahoma State football fan. Through it all, though, he’s been an oil and gas man. He spoke with Fortune’s Katie Benner about the perils and possibilities of … Read more

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