| No doubt that some are working.. Are they packaging Billion $$$ deals? Like we did the last time?
( https://www.bloomberg.com/news/articles/2013-02-25/sinopec-to-buy-chesapeake-oil-and-gas-assets-for-1-02-billion )
February 26, 2013, China Petrochemical Corp.’s $1.02 billion deal with Chesapeake Energy Corp. gives the second-largest Chinese energy producer a stake in a shale oilfield for less than one-third of its estimated value. Sinopec, as the Beijing-based explorer is known, will take a 50 percent interest in 850,000 acres Chesapeake controls in the Mississippi Lime formation, the companies said yesterday in separate statements. The price equates to $2,400 an acre, less than the $7,000 to $8,000 at which Oklahoma City-based Chesapeake valued the asset in a July presentation.
hmmm.. wonder how that one turned out? One Third off eh?..
heck of a deal.. for someone..
Edited by JonSCKs 1/10/2017 13:06
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