DTE 0.00% 13.0¢ dart energy limited

who remembers arrow?, page-40

  1. 186 Posts.
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    reply to TBE 1/7/13 speculation:
    "I imagine Australian law takes a lead from British law wrt mineral rights? and the land owner/lease holder doesn't own the minerals like they do in the US."

    I read in this article with regard to UK:
    ...Here, the taxpayer owns all the natural resources. As anyone who’s seen There Will Be Blood can testify, in the US, the landowner owns the land from the surface down to the very core of the earth. That makes it way easier for explorers to win licences in the US ....


    http://www.independent.co.uk/voices/comment/where-do-we-dig-the-trouble-with-fracking-8676897.html

    Also from same article:
    Britain is a very different country.

    For an obvious start, there are way more of us folks than them – acre for acre, I mean. Population density in the US is about 32 people per square kilometre compared to 250 in the UK.

    As Cuadrilla has already found in Lancashire, if your fracking attempts trigger mini-earthquakes on the outskirts of Blackpool, residents tend to notice. Not so in many parts of the US. I can’t see the bribe of £100,000 to local communities being enough to convince many.

    Even if shale gas is found to be in existence in the middle of nowhere, middles-of-nowhere in this country tend to be areas of outstanding natural beauty harbouring sensitive locals and environmentalists. They have Ohio. We have Surrey
 
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