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Permalink Reply by DrWAVeSport Cd1 on December 9, 2011 at 8:20

Someone tell me I am not reading this:

"Gateway Energy & Resource Holdings, LLC" is CHK's "Mystery" JV "International Energy Company" Utica Partner???

http://www.prnewswire.com/news-releases/gateway-energy--resource-h...

A Financial Company!!!  Give me a break.

No wonder CHK didn't want to tell...  I'd a kept that one to myself too!  (Just my opine alone...)  Where is the "International ENERGY Company" part?

Chesapeake must think WE are all Fools.

DrWAVeSport Cd1 12/9/2011

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Permalink Reply by Skip Peel - Mineral Consultant on December 9, 2011 at 8:24

Check your link, Doc.

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Permalink Reply by DrWAVeSport Cd1 on December 9, 2011 at 8:34

http://www.prnewswire.com/news-releases/gateway-energy--resource-ho...

Thanks Skip.

Please tell me I'm wrong...

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Permalink Reply by Skip Peel - Mineral Consultant on December 9, 2011 at 8:50

Sorry, Doc.  Stock related analysis I leave to others.  This ain't a JV.  There are numerous equity firms that specialize in owning and managing energy related assets.  The best and most recent example is KKR's acquisition of Samson Energy.

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Permalink Reply by DrWAVeSport Cd1 on December 9, 2011 at 8:56

I almost gave myself an early heart attack.  LOL

CHK does sooooooo many "financing" deals...I get quite confused as to who is zoomin' who.

I need a vacation!

Thanks.

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Permalink Reply by DrWAVeSport Cd1 on December 9, 2011 at 8:53

Skip,

Have had e-mails in last few minutes that say Total and Statoil are the JV Utica Partners yet to be announced later.  But, those are still rumors, as much as I can tell.

Gateway E& R Holdings with EIG are additional funding sources per CHK Utica activities.

Keeping fingers crossed. 

 

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