Overseas buyers return to US Oil and Gas Deals

"Private equity, foreign buyers return to U.S. oil and gas deals

Posted on July 30, 2014 at 11:00 am by Collin Eaton in Canada, Deals, Shale


HOUSTON – U.S. oil and gas deals jumped nearly 40 percent in combined value in the second quarter as a foreign buyers and private equity firms returned to the sales block to snap up land in oil-soaked shale plays.

http://fuelfix.com/blog/2014/07/30/private-equity-foreign-buyers-return-to-u-s-oil-and-gas-deals/ "

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Have just copied this message from another site within HC. Thought it might be of interest to holders.

Not sure whether we can expect anything from this trend knowing the incompetence of our Management. Time will tell. As no announcements have been made concerning MAE's production, am unsure whether our holdings would be of interest to anyone. But, knowing how the directors have loaded themselves up with stock, perhaps there is something worthy of a bid. Certainly, they have not let shareholders, who put actual money into this company, know what is happening with wells' production, makeovers and so forth. Are they really worth $350.000+ each a year....they convinced the majority of larger shareholders who obviously voted for their package.