and you don;t...Ya see, the activist aren't pushing to spin offs..They just taking credit.Here's why.
"Companies with experience exploiting the Bakken Shale, including the New York-based Hess, have recently set up operations in Bakersfield, too. Jon Pepper, a spokesman for Hess, said it was “too early to talk in any definitive way” about the company’s plans in the Monterey Shale."
""Landmen have also been increasingly approaching individual landowners and buying mineral rights, though these private transactions are hard to track, said Tim Kustic, California’s state oil and gas supervisor.
“That’s an early precursor to an increase in exploration and drilling activity,” Mr. Kustic said.""
"the Monterey Shale, whose untapped deposits are estimated at 15.4 billion barrels, or more than four times the reserves of the Bakken Shale in North Dakota, according to the United States Energy Information Administration."
Guess the link didn't post..#$%$ yahoo...And I don't have link any more....Say heelo ya think the activist set up the Russian sale, not likely.....It was in the works before those bozo's started claaiming credit...