Chesapeake (CHK) owes at least a hat tip to Canada for its role in the $1B joint venture with Sinopec (SNP); the government's stamp of approval for Cnooc’s (CEO) $15B takeover of Nexen (NXY) surely "gave a green light for upstream investment” from China. Late today, Cnooc's contentious takeover closed after it was first announced seven months ago.
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Wunderlich Securities Sees Chesapeake Energy Staying Aggressive On Spending Front Given Ample Cash Balanceat Benzinga.com (Thu, 7:30AM)
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