Chinese company to buy Texas oil fields in $1.3 billion deal...

Chinese company to buy Texas oil fields in $1.3 billion deal

CNNMoney (Hong Kong) October 26, 2015: 3:20 AM ET

Yantai Xinchao will acquire oil assets in the western Texas Permian Basin that are currently owned by Tall City Exploration and Plymouth Petroleum. The deal is part of a larger transaction between Yantai Xinchao and a second Chinese firm, according to a stock exchange filing on Saturday.
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Not surprising.

Real estate, farms, UK nuclear plant, African resources and now add US shale oil. ...and the winner of OPEC wars......Hmmm, let me see!!!!

How long can you tread water in hope that tide will turn and take you back to dry land...aka economic survival.

MS