16.10.2008 - BP weighs chesapeake deal
From WSJ: Oil giant BP PLC is exploring a potential deal to buy natural-gas properties from once highflying Chesapeake Energy Corp., according to people close to the British company's thinking. A deal would be an early sign that cash-rich global oil companies are prepared to embark on a spending spree as smaller natural gas producers scramble to raise cash amid declining energy prices and tight capital markets..... Full Article: Source