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Started By
Message
Chinese company to buy Texas oil fields in $1.3 billion deal
Posted on 5/2/20 at 7:45 am
Posted on 5/2/20 at 7:45 am
LINK
quote:
Chinese investment firm is shelling out $1.3 billion to buy giant oil fields in Texas, reflecting growing interest from China in U.S. energy resources. Yantai Xinchao will acquire oil assets in the western Texas Permian Basin that are currently owned by Tall City Exploration and Plymouth Petroleum. The deal is part of a larger transaction between Yantai Xinchao and a second Chinese firm, according to a stock exchange filing on Saturday. The purchase, which includes oil fields in the state's Howard and Borden counties, has already been approved by the U.S. Committee on Foreign Investment, the filing said.
30
Posted on 5/2/20 at 7:46 am to RedRifle
Well, everything in Texas is bigger, Don't mess with Texas...
oh wait.
oh wait.
Posted on 5/2/20 at 7:46 am to RedRifle
So it begins
Posted on 5/2/20 at 7:46 am to RedRifle
Selling our land to these frickers now.
Texas is dead.
Texas is dead.
Posted on 5/2/20 at 7:48 am to RedRifle
We need to stop this ASAP.
Posted on 5/2/20 at 7:48 am to Swagga
COwards at those oil companies. I’d rather go broke than to sell to them.
Posted on 5/2/20 at 7:49 am to Picayuner
Capitalism. Anything for a buck.
Posted on 5/2/20 at 7:49 am to RedRifle
Breaking News: Texans All Talk
Posted on 5/2/20 at 7:50 am to RedRifle
LA has some prime real estate to sale much cheaper.
Posted on 5/2/20 at 7:50 am to RedRifle
I'd rather see the US pull an unprecedented move and buy this than China, shite.
China's going to use everybody's misery and losses as a platform to polevault ahead when economies start recovering
Eta
Article from 5 years ago... And I clearly didn't read it
China's going to use everybody's misery and losses as a platform to polevault ahead when economies start recovering
Eta
Article from 5 years ago... And I clearly didn't read it
This post was edited on 5/2/20 at 8:16 am
Posted on 5/2/20 at 7:51 am to lsu xman
quote:
LA has some prime real estate to sale much cheap
Where?
Posted on 5/2/20 at 7:53 am to RedRifle
Why on earth is stuff like this approved?
Posted on 5/2/20 at 7:53 am to RedRifle
Block the sale
Posted on 5/2/20 at 7:55 am to RedRifle
I've never heard of these companies and have never been a part of drilling wells in either of those counties.
Oh for frick's sake this is an article from 2015 with a photo of a now deceased T. Boone Pickens in the article.
frick off OP.
Oh for frick's sake this is an article from 2015 with a photo of a now deceased T. Boone Pickens in the article.
frick off OP.
This post was edited on 5/2/20 at 8:00 am
Posted on 5/2/20 at 7:56 am to RedRifle
We should just go buy land in China.
Oh wait...we can't.
Oh wait...we can't.
Posted on 5/2/20 at 7:57 am to RedRifle
I believe this deal was in 2015
Posted on 5/2/20 at 7:58 am to RedRifle
The Chineses plan is coming to fruition. Bankrupt as many companies as possible and then swoop in and buy them all on the cheap while the Chinese printing press runs full tilt.
Posted on 5/2/20 at 7:58 am to lsu xman
quote:As an added bonus ...
LA has some prime real estate to sale much cheaper.
Louisiana land comes fully furnished with reptiles for the Chinese wet markets. No extra charge!
Posted on 5/2/20 at 7:59 am to RedRifle
This story is from 5 fricking years ago.
Posted on 5/2/20 at 8:00 am to RedRifle
Geez that article is 5 years old
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