Thx Striebs, These are hard issues and I was more talking about...

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Better Living

78 Posts.

09/09/15

09:04

Post #: 15959535
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Originally posted by striebs ↑

Better Living ,

Quote "In my thinking, the difference between 'fracking' and the associated public concerns (which are real) and CNX technology need to be clarified quickly and in a way that will help people understand it easily."

The public's concerns about hydraulic fracturing may be real but in the case of deep shale and tight gas wells the concerns are unfounded .

Hydraulic fracturing where the geology is appropriate and performed by a competent operate is safe .

It would be very hard for Carbon Energy to explain the differences between in-situ coal gasification and hydraulic fracturing without being construed as casting aspersions on hydraulic fracturing which would only fan green flames .

In-situ coal gasification is potentially more problematic than shale gas and tight gas due to subsidence and taking place much shallower. Selection of a site with the correct geology is even more important .

What I am trying to say is that if Carbon Energy try to explain the technical details and differences to lay people they will encounter the same problem as the shale gas guys have . It is a losing battle because many won't be able to get their head around it .

IMHO , Carbon Energy should pitch it in terms of amount of wilderness which has to be industrialised :- does society a) want to have 1 multi-well and pad and pipelines every 4-6km2 over an area of 3,000km2 of pristine wilderness or b) would it prefer to sacrifice 30km2 to in-situ coal gasification ?

ex-long term holder of CNX , LNC .

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Thx Striebs,
These are hard issues and I was more talking about giving information that would help make informed decisions - for all stakeholders - not my assessment of risk or preference really. (So information cf: PR)

CNX have already differentiated the two on their website: http://www.carbonenergy.com.au/irm/...round Coal Gasification and Coal Seam Gas.pdf

I think this article does a pretty good job of explaining it too: http://www.bdlive.co.za/business/innovation/2015/08/18/gas-from-coal-could-relieve-power-woes

Personally, I would prefer all wilderness but I also am realistic about my lack of desire to live without current comforts. Life is a risk (as is owning this stock lol) so it is good to have clear information to do 'best bet'. xoxox

CNX Price at posting: 1.4¢ Sentiment: None Disclosure: Held
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Thx Striebs, These are hard issues and I was more talking about...

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