drilling, page-10

Steini,
Thanks for your opinion. I can see your reasoning.

I am staying in especially as this year will see some unprecedented action.

World oil production is falling ( forget the USA hype ....it will start depleting in 2018 ) and alternatives cannot deliver the world's energy requirements in time. That's why they went after CSG, and now it is getting so desparate they are after as much shale gas and shale oil as they can get. This is a worldwide fact. Not many write about it because it is so alarming.

Oil, a Precious Finite Resource.
ps Please read Rihttp://www.fido.gov.au/chard Heinberg's "Snake Oil". This guy is intelligent.

Blue is sitting on a vast energy resource that will be needed. The dynamics of the Australian gas market is just unfolding. As Gladstone day approaches we are in for the mother of all political gas battles. The Australian Govt should takeover a small gas company, ...just for the experience and they could sell the gas domestically. Wouldn't they just hate that.

And people will start realising how important gas reserves are. Blue has gas reserves in spades. Plus the shale near Gladstone.

A big loss for me but things can change.