China's CNOOC inks U.S. shale gas deal

Monday, January 31, 2011 - 16:30 in Mathematics & Economics

BEIJING, Jan. 31 (UPI) -- China National Offshore Oil Corp. has agreed to pay $570 million for a 33.3 percent interest in Chesapeake Energy's shale and oil gas drilling project in Colorado and Wyoming, the companies announced.

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