Shale gas

The USA has a lot of it and the technology to extract is far ahead of the rest. Small companies are now being bought for much larger sum of money as the wealth under the ground is realized by the big boys. Most of my shale gas companies there are doing very well.

But in Australia, a lot of them are ignored by the stock market. You will find a few big boys but the biggest tenements are still owned by the small fellas. And the Japanese are going to have to consider using LNG (from shale gas, coal seam methane or natural gas) to fire their generators.

The stock market moves acutely on current events but I am looking further ahead. For yonks, my SGY in the USA was under water until someone realized how valuable its exploration ground is for hydrocarbons. I bought BKP in Jan 2011 and it has gone up by 40%... based purely on hype. Its most recent spurt must be due to the idea that the Japanese are coming.