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In the News Press Release

Lane Watson is Quoted by Reuters on Chinese Bid for Chesapeake Energy Corp.

Publisher: Reuters
October 11, 2010

Lane Watson is quoted in a Reuters article about an expected government review of the proposed acquisition by CNOOC (China National Offshore Oil Corporation) of a stake in a shale oil field owned by Chesapeake Energy. Lane noted that because this would be an investment, rather than an outright purchase, the Chinese company should have a better chance to win approval from the U.S. government than it did with its 2005 failed bid to acquire Unocal.

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