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*korea gas, knoc to jointly seek shale gas acq, page-9

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    hlingh the maryborough basin rings a bell from abc lateline business with ticky fullerton last night.
    this is the transcript and you can still watch it online
    http://www.abc.net.au/news/2012-07-31/shale-gas-to-be-extracted-in-qld/4165244

    Shale gas to be extracted in Qld

    Updated July 31, 2012 01:45:57

    US and Australian executives say they are looking to develop shale gas drills in Queensland basins.

    Source: The Business | Duration: 39sec

    Topics:company-news, mining-industry, oil-and-gas, environmental-management, states-and-territories, land-management, qld, united-states

    Transcript


    TICKY FULLERTON, PRESENTER: The extraction of natural gas from shale may soon be happening in Queensland.

    Executives from the United States and Australia say they're looking at developing shale gas and coal seam gas drills in several basins across Queensland.

    MARK MCARDLE, MINISTER FOR ENERGY & WATER: Shale gas has transformed the US. There's no doubt about that. And we want to learn from the US and bring that technology and expertise into this state so that we can also develop a very exciting future.

    TICKY FULLERTON: The State Government says it wants more developments in the Maryborough, Cooper and Georgina basins. But it's yet to extend the funding of exploration grants for mining companies beyond next year.
 
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