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Company In Which Joe Biden's Son Is Director Prepares To Drill Shale Gas In East Ukraine
Zero Hedge ^ | 25 July 2014 | Tyler Durden

Posted on 07/25/2014 4:00:10 PM PDT by Lorianne

Recall what we said earlier today: the proxy Ukraine war just like that in Syria preceding it, "is all about energy."

Recall also the following chart showing Ukraine's shale gas deposits, keeping in mind that the Dnieper-Donets basin which lies in the hotly contested eastern part of the nation and where as everyone knows by now a bloody civil war is raging, is the major oil and gas producing region of Ukraine accounting for approximately 90 per cent of Ukrainian production and according to EIA may have 42 tcf of shale gas resources technically recoverable from 197 tcf of risked shale gas in place.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 07/25/2014 4:00:10 PM PDT by Lorianne
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To: Lorianne

Well, well well, does anyone need to say more?


2 posted on 07/25/2014 4:05:45 PM PDT by dforest
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To: Lorianne

By the way, I thought the left think shale oil is evil.


3 posted on 07/25/2014 4:07:01 PM PDT by dforest
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To: Lorianne

Long as it’s not Haliburton, it’s ok.


4 posted on 07/25/2014 4:09:20 PM PDT by P.O.E. (Pray for America)
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To: Lorianne

5 posted on 07/25/2014 4:09:34 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Lorianne

Oops!

Didn’t look that big.


6 posted on 07/25/2014 4:10:54 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: All
Hunter Biden [son of US VP Joe Biden] joins the team of Burisma Holdings [Ukraine gas producer]
Burisma website ^ | May 12, 2014 | media@burisma.com / FR Posted by CMB_polarization

Burisma Holdings, Ukraine’s largest private gas producer, has expand edits Board of Directors by bringing on Mr. R Hunter Biden as a new director.

R. Hunter Biden will be in charge of the Holdings’ legal unit and will provide support for the Company among international organizations. On his new appointment, he commented: “Burisma’s track record of innovations and industry leadership in the field of natural gas means that it can be a strong driver of a strong economy in Ukraine. As a new member of the Board, I believe that my assistance in consulting the Company on matters of transparency, corporate governance and responsibility, international expansion and other priorities will contribute to the economy and benefit the people of Ukraine.”

The Chairman of the Board of Directors of Burisma Holdings, Mr. Alan Apter, noted: “The company’s strategy is aimed at the strongest concentration of professional staff and the introduction of best corporate practices, and we’re delighted that Mr. Biden is joining us to help us achieve these goals.”

R. Hunter Biden is a counsel to Boies, Schiller & Flexner LLP, a national law firm based in New York, USA, which served in cases including “Bush vs. Gore”, and “U.S. vs. Microsoft”. He is one of the co-founders and a managing partner of the investment advisory company Rosemont Seneca Partners, as well as chairman of the board of Rosemont Seneca Advisors. He is an Adjunct Professor at Georgetown University’s Masters Program in the School of Foreign Service.

Mr. Biden has experience in public service and foreign policy. He is a director for the U.S. Global Leadership Coalition, The Center for National Policy, and the Chairman’s Advisory Board for the National Democratic Institute. Having served as a Senior Vice President at MBNA bank, former U.S. President Bill Clinton appointed him an Executive Director of E-Commerce Policy Coordination under Secretary of Commerce William Daley. Mr. Biden served as Honorary Co-Chair of the 2008 Obama-Biden Inaugural Committee.

Mr. Biden is a member of the bar in the State of Connecticut, and the District of Columbia, the U.S. Supreme Court, and the Court of Federal Claims. He received a Bachelor’s degree from Georgetown University, and a J.D. from Yale Law School.

R. Hunter Biden is also a well-known public figure.He is chairman of the Board of the World Food Programme U.S.A., together with the world’s largest humanitarian organization, theUnited Nations World Food Programme. In this capacity he offers assistance to the poor in developing countries, fighting hunger and poverty, and helping to provide food and education to 300 million malnourished children around the world.

Company Background: Burisma Holdings is a privately owned oil and gas company with assets in Ukraine and operating in the energy market since 2002. To date, the company holds a portfolio with permits to develop fields in the Dnieper-Donets, the Carpathian and the Azov-Kuban basins. In 2013, the daily gas production grew steadily and at year-end amounted to 11.6 thousand BOE (barrels of oil equivalent – incl. gas, condensate and crude oil), or 1.8 million m3 of natural gas. The company sells these volumes in the domestic market through traders, as well as directly to final consumers. For more information contact the press office at media@burisma.com

==================================================

BACKSTORY Biden's son Hunter was once a lobbyist who earned a cool $1.8 million. Hunter said it was legal because, when he had to lobby his dad, he sent someone else from the lobby office. When Biden ran for VP, they made Hunter quit the lobby gig. Hunter went to work as a rookie broker at a hedge fund at a salary of $1.2 million.

Hunter Biden and Biden's brother launched a take-over of the hedge fund and it all gets murky after that. We always hear that Biden is broke but there is apparently more to it than that. Harry Reid has the same deal; his sons are “lobbyists”. You hire them if you want to talk to their dad.

==========================================

REFERENCE Biden's son Hunter Biden was previously a top official at PARADIGM Global Advisors, a hedge-fund holding company founded with Vice President Biden’s brother, James, and marketed by convicted finance fraudster Allen Stanford.

As Paradigm chairman, Hunter Biden oversaw half a billion dollars of client money invested in hedge funds while remaining a lobbyist. Cooper chipped in $2 million for the ill-fated venture, which went down in flames amid nasty fraud lawsuits." (NOTE Stanford is now in jail but the Biden's got off scot-free.)

"Hi there, Americans. Obama put me in charge of the trillion dollar stimulus.
My son and brother are gonna help me disperse the money. "

================================

Offshore Fraudster had links to offshore fund run by VP Biden's relatives
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran

(Reuters) – A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million. (Excerpt) Read more at news.yahoo.com ...

NOTE A lawyer for Hunter Biden and James Biden told reporters the Bidens NEVER met or communicated with Stanford. (/snicker)

============================================================

Convicted con man R. Allen Stanford used offshorre corporate money to become a big man ae the Democratic convention in Denver. A video posted on the firm's web-site shows Stanford, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a Democrat convention-related forum and party put on by the National Democratic Institute.

"I would like to thank the Stanford Financial Group for helping to underwrite this," Clinton said to the crowd at the event. Stanford Financial was listed as the "lead benefactor" for the gathering, and Stanford was permitted to address the audience of several hundred.

The SEC charged yesterday that Stanford was running a fraudulent offshore investment scheme that may have bilked customers out of as much as $8 billion. Over the last decade, Stanford has spent more than $7 million on lobbyists and campaign contributions to Washington politics in both parties, although the vast majority of the money has gone to Democrats.

"We had no reason to believe that a very public company that was also engaged in philanthropic work might be suspect," said a spokesperson for the National Democratic Institute, Amy Dudley. (Excerpt) Read more at abcnews.go.com ...

7 posted on 07/25/2014 4:17:38 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: Lorianne

Gee, if Junior Joe makes a go of it in the Ukraine, maybe he and his daddy could visit New York state and Governor Cuomo and sell the safety of shale drilling to him .... I have no doubt Il Duce could use donations for the presidential run he is kinda thinking about ....though he does seem to fugging up a lot lately.


8 posted on 07/25/2014 4:52:26 PM PDT by BilLies ( it isn't the color of the skin, but culture that is embraced that degrades.)
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To: Lorianne

Hey why overthrow a government if you can’t make a little profit from it.


9 posted on 07/25/2014 5:31:05 PM PDT by McGruff (We can't even secure our border never mind Ukraine's.)
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To: Lorianne

In light of all that’s happened this makes sense, stinks to high heave but makes sense! But the real question is, when does the next false flag happen?


10 posted on 07/25/2014 5:42:52 PM PDT by nomad
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To: McGruff

Democrats love big business when the prosperity flows to them.


11 posted on 07/25/2014 5:47:28 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Lorianne

That's my boy.


12 posted on 07/25/2014 5:53:53 PM PDT by McGruff (We can't even secure our border never mind Ukraine's.)
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