crosswire - 09 May 2013 - 22:26 - 7376 of 7390 $4 for gas in USA
$12 for same gas in China!
Good interview with London Stock Exchange! Bring on the commercial news!!
http://www.londonstockexchange.com/companies-and-advisors/aim/webcasts/growing-company-interviews.htm oilbuy - 09 May 2013 - 22:53 - 7377 of 7390 Yes indeed crosswire , the profit margins will be huge as its the start of a gas boom and a need for energy.
$ 1.7m to drill a well in China
$ 4.5m plus to drill a well in the states
If theses wells prove commercial which im very confident they will the CAPEX to develop this field will be very cheap. With a full infrastructure and a close tie in point to the main pipeline approx 10km,PETROCHINA will build the pipeline and we will pay for it through gas sales. This company will be a cash cow.
Oilbuy
LRL Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held