new release from john huegh, page-9

I posted some articles last year about BG buying into shale oil.

BG Group buys into U.S. shale natural gas field The U.K.s BG Group has agreed to pay $1.06 billion for a stake in EXCO Resourcesshale-rock natural gas holdings, the latest in a string of international shale gas acquisitions in the U.S. The deal gives BG a 50 percent interest in 120,000 acres in Texas and Louisiana, which includes the resource-rich Haynesville shale project.


http://industry.bnet.com/energy/10001557/energy-roundup-rocky-iraq-oil-auction-bg-jumps-into-us-shale-top-10-green-cities-and-more/

http://www.telegraph.co.uk/finance/markets/questor/5699852/BG-Group-strategically-diversifies-into-shale-gas.html