Simmons International

In our discussion on “Recommended,” there were several comments on Matt Simmons’ role in promoting the Peak Oil scenario. I thought it would be useful to point out that when Halliburton sold KBR stock in 2006 in the process of divesting KBR, Matt Simmons’ company served as a co-managing underwriter. Generally this is a significant status for a small company and typically reflects appreciation and compensation for a variety of services over time.

KBR, Inc. – Amendment No 7., Form S-1, filed 15 Nov 2006