T Boone Pickens is selling Natural Gas Stock holdings, but he did buy some Chesapeake. Interesting.

www.gurufocus.com/news.php?id=49588

'T Boone Pickens Buys Peabody Energy Corp., Chesapeake Energy Corp., Sells ABB Ltd., Westport Innovations Inc, Valero Energy Corp.'

Tags: Boone, Pickens, T, finance, stock

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Permalink Reply by Sandstone on February 23, 2009 at 10:57

Looks like he is getting out of foreign oil by selling these service companies and must think Chesapeake is the way to go for natural gas.

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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