crosswire - 09 May 2013 - 22:26 - 7376 of 7390$4 for gas in...

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