GEV 2.08% 9.8¢ global energy ventures limited

Ann: Trading Halt, page-9

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  1. 1,722 Posts.
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    There is already a market for U.S. East Coast gas and prices will rise due to them drilling out all the tier 1 shale acreage . U.S. shale gas production doesn't throw off cash at current gas prices so it will have to go up when the supply of other peoples money stops .

    When this happens is debateable but just look to the Australian East Coast to see what the U.S. public reaction will be when their gas prices go up and exports are a soft target .

    I'd hope GEV negotiates equity interests in stranded gas deposits and introduces those to the buyers .

    There is an awful lot of stranded gas in the North Sea and UK Continental Shelf . Maurice Brand is just the man to unlock it .
 
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