BP to Buy Oklahoma Land for Natural Gas
BP said on Thursday it had agreed to buy 90,000 acres of natural gas properties in Oklahoma from the Chesapeake Energy Corporation for $1.75 billion.
The properties, which are in the Arkoma Basin regions Woodford Shale, are producing about 50 million cubic feet of natural gas equivalent a day.
BP said the purchase had the potential to double its existing production from its Arkoma operations, which already produce more than 200 million cubic feet of natural gas equivalent a day.
Energy companies are spending heavily to lock up acreage in plays for hot shale, where oil and natural gas are trapped in layers of rock. Record energy prices and technology like horizontal drilling have made retrieving hydrocarbons from shale profitable.
Shell Canada agreed this week to spend about $5.9 billion to buy Canadas Duvernay Oil Corporation to increase its production from difficult-to-extract deposits.
Stock in BP, which is based in London, rose 10.25 pence, to £5.19 a share, and stock in Chesapeake, which is based in Oklahoma City, Okla., rose $1.93, to $54.74 a share.
Meagher Oil & Gas properties advised Chesapeake on the deal, which is expected to close on Aug. 8.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
