Seeking Alpha

PetroChina (PTR) will buy stakes in two Western Australia exploration assets from ConocoPhillips...

PetroChina (PTR) will buy stakes in two Western Australia exploration assets from ConocoPhillips (COP) for an undisclosed amount, and the two companies plan to jointly study shale gas development in China. The deal comes after PTR agreed in December to buy BHP Billiton's holding in Woodside Petroleum’s proposed Browse liquefied natural gas project in Western Australia.
Comments (2)
  • Sell it all to china?With a Billion Parasites they need it!!!!!!!!!!!!!!!
    20 Feb 2013, 11:30 AM Reply Like
  • Australia is wise to sell to the PRC, that way, their nation will be allowed to remain stable since they are keeping the engine of the PRC running. After all, what difference does it make when the long term trend of the strength of the U. S. in down!
    20 Feb 2013, 12:34 PM Reply Like
DJIA (DIA) S&P 500 (SPY)