NSE 0.00% 0.4¢ new standard energy limited

anns: conoco executes the farm-in agreement !, page-49

  1. 6,046 Posts.
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    Bhutos,

    Yes, I said BPT's shale gas reserve booking are significant because they made it for shale gas resources.

    You even don't know the difference between the conventional and unconventional gas and oil resources, but talking a lot here.

    BRU's drillings are made for conventional resources. If the gas or oil comes out from underground you need to find out the size of the trap by drilling more wells. But when you drill an uncoventional well you are much more confident about the size of the resource after even the first well because of the seismic data made before drilling. Shale is a layer, goes for kilometers. It's huge. So BPT is definitly in a very good position. You can't compare it with BRU.

    Understand?

    This is being very stupid here. I can't involve such a stupid thing with such aggressive people. I am not going to post anything on this thread from now on.
 
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