re: Ann: Advent Energy - Rig and Production T... Shale is found...

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  1. J8
    10,810 Posts.
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    re: Ann: Advent Energy - Rig and Production T... Shale is found in abundance worldwide , it is the new fracking technology to enable commercial flow which has made the difference . Eventually there will be a glut of shale gas IMO .

    The area has huge power needs potential . Any project would however take many many years . Monetisation of flow here is a looooong way off .

    The difference between here and Sydney is flowrates ! And of course the path to monetisation .

    I wish they would 3D the Sydney basin and get on with a real drill .
 
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