As seen in the Houston Chronicle, November 29th
Chesapeake Energy Corp., an independent producer of natutal gas, fell 15 percent Friday after saying late Wednesday it may sell nearly $2 billion of shares to finance projects and acquisitions. Shares of Chesapeake, based in Oklahoma City, dropped $3.06 to $17.18 Friday, erasing Wednesday's 11 percent gain. U.S. markets were closed Thursday.

Also, a couple of days ago someone on this site mentioned something about the stockpiling of pipes and seeing trucks lined up to load these pipes.....There was an article in the Houston Chronicle, November 29th, entitled: WHERE PIPELINES BEGIN: Natural Gas projects keep Baytown (TEXAS) steelworks busy. There is a VIDEO: See steel being turned into pipe at JSW Steel (An Indian company--Jindal Group).
The video site is as follows: Chron.com/business
It seems that recently the pipes being made will carry natural gas from unconventional sources, in this case shale formations in Texas, Arkansas, and Oklahoma. This particular article is interesting.

Views: 14

Support GoHaynesvilleShale.com

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service