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Question for Houston oil and gas folks?
Posted on 2/14/14 at 8:59 pm
Posted on 2/14/14 at 8:59 pm
Several people have told me that shell bought a large parcel of land up near Conroe past the Exxon metropolis.
I haven't seen anything officially announced.
Is this true? If so what is it going to be for?
I haven't seen anything officially announced.
Is this true? If so what is it going to be for?
Posted on 2/14/14 at 9:27 pm to chuckie
Personally I think Shell is going to be a large part of the m/a moves we all expect to see in energy. As far as I can tell, they don't have much assets in the nat gas boom. I know their name comes up all the time when it comes to buying CHK and SD. I wouldn't be shocked to see them make some major buys soon.
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