Till today you cannot compare the CBM in Europe to CBM in USA, Canada, Australia or China.
I am afraid till today in Europe the CBM sweet spots, the economical CBM fields are not identified - both: from the point of geology and the point of production strategy.
Pherhaps one day in Poland?, and France?, GB? ...Ukraine? The resources are there - 100% sure. Exxon for example is going to invest about 600 Mil $ into unconventional gas in Europe.
EPG Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
