State-owned CNOOC has acquired 600,000 acres from south-west Antonio to the Mexican border.Their one third stake in Chesapeake cost 2.2 billion.
It would be interesting to know what the remaining reserves at Wharton County are:perhaps a future acquisition target.
If Tex don't secure a deal{Europe?}in the near future,I'm hitting the road Jack.
Good Luck All
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