ADE 0.00% 19.5¢ adelaide energy limited

Santos finally get it and the last line of the piece regarding...

  1. V8
    9,963 Posts.
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    Santos finally get it and the last line of the piece regarding coal seam gas is a fib, due to environmental issues.

    Peak oil happened in 2006, gas is the only solution,

    Correction shale gas is the only solution and we have one of the premier resources in the world with infrastructure in place.

    Once the tiniest bit of shale gas goes into a sales pipeline someone will tumble to the fact we have 10% of 218, 20% of 855 where the shale is twice as thick as 218 both nappamerrie assets.

    Then 50% of PEL 105 which sits right over the heart of the liquids rich Pachawarra Trough, so that another 54000 acres of prime A grade real estate. That will be worth another $5.4Bil to us and its only 60kms north of Moomba

    Then theirs Maryborough ground.

    Oh for the balls to pull out the credit card :)
 
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