Cnooc, Statoil wade into Eagle Ford shale ( NG and Oil--China and Norway Companies in Texas)

MarketWatch ^ | Oct. 11, 2010, 10:16 a.m. EDT | Steve Gelsi, MarketWatch

[Marine_Uncle]

I don't like it one bit.
So the Chinese and Norwegians make inroads into our private oil/gas stocks, and the Russians and Canadians take over our frigen Uranium mines.
All under guess who's administration. Meanwhile the GOM folk continue to loss their jobs as things go into stasis regarding the deep water as well as shallow water production operations.
I am sure it pleases Obi, his staff and the puppet masters as how things are progressing.
The Russians and Chinese must be grinning their asses off as how things are being set up.

[Klondike]

Eagle Ford shale is estimated to hold over 1 billion barrels of recoverable oil plus vast amounts of natural gas. The shale is easily fraqued and porous. A well cost much less to put in here because of this.

[B4Ranch]

It’s called the New World Order and they don’t care if us Vets like it or not.

[Marine_Uncle]

Roger that.

[Eurotwit]

I can give out Norwegian lessons :-P