Hang on, here we go again with another financial crisis - the new oil bubble - those put options that Buffett and Soros are holding are looking pretty good:....KKR, which led the acquisition of oil and gas producer Samson for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan.
Posted on: Mon, 01 Dec 2014 02:43:55 +0000
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