giddyup - australian shale 'next big thing", page-2

That article shows how much the Perth Basin is flying under the radar. Not one mention, but to be expected of ES journos they have no idea of what goes on in the West until it happens.


This man is a little smarter...


“There's no reason the economics shouldn't be the same in Australia as they are in the Eagle Ford,” shale region in Texas, he said. “If we get anything like that we're going to end up with a phenomenal return.”

Read more: http://www.theage.com.au/business/australian-shale-assets-next-big-thing-for-investors-20120119-1q79d.html#ixzz1jrZxxAgw"

IMO it is an inevitable event. Possibly one of those once in a lifetime events if proven up as expected by NWE.