Club Mulgoa

Friday, August 17, 2012

O&G in Australia

http://www.proactiveinvestors.com.au/companies/news/32494/australian-shale-and-tight-gas-hits-milestone-as-norwest-energy-exoma-energy-increase-activity-32494.html

If every word is true, then I would be a very rich man.  Most hypes turn out to be just flatus or bubble.  So I have to carry on working.  Unfortunately, in the real world, the more that is discover, the cheaper the commodity becomes.... like shale gas in the USA.  And China is purported to have the largest reserve underground!

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