The Hunt Bros just sold Hunt Petroleum.
Think They know something ?
is the bubble about to burst ?
week XTO Energy finally agreed to buy Hunt Petroleum for $4.2 billion after a long legal tussle between Hunt family heirs. The firm was founded by the late billionaire HL Hunt whose sons Nelson Bunker Hunt and William Herbert Hunt once cornered the world silver market in the 1970s.
Hunt is a privately held company which makes no public comment on its affairs. But commentators think the Hunts are calling the top of the oil market and that the price for Hunt Petroleum suggests a quick deal was the objective.
http://arabianmoney.net/2008/06/12/will-the-hunts-buy-silver-again-after-selling-hunt-petroleum/
Think They know something ?
is the bubble about to burst ?
week XTO Energy finally agreed to buy Hunt Petroleum for $4.2 billion after a long legal tussle between Hunt family heirs. The firm was founded by the late billionaire HL Hunt whose sons Nelson Bunker Hunt and William Herbert Hunt once cornered the world silver market in the 1970s.
Hunt is a privately held company which makes no public comment on its affairs. But commentators think the Hunts are calling the top of the oil market and that the price for Hunt Petroleum suggests a quick deal was the objective.
http://arabianmoney.net/2008/06/12/will-the-hunts-buy-silver-again-after-selling-hunt-petroleum/
