Shale Gas

http://www.theaustralian.com.au/business/news/a-fracking-good-deal-on-aussie-shale-gas/story-e6frg906-1226094181189

They are coming...

There is a lot of shale gas in Australia based on geology. But without fraccing it will be very difficult to extract the sequestrated hydrocarbon. The volume apparently is huge. In the USA, those gas explorers were penny dreadfuls until the big boys moved in. They were taken over for billions.

Australia follows America; it is in the history.

Someone wrote in Hotcopper comparing SSN in Brakken Basin and BKP in Georgina Basin (check the details yourself). In the USA, it is thousands of acres; in Australia, it is more than a million. Yet one is worth a lot more than the other. SSN has made me a lot of profit while BKP is barely green.