If you think UCG is finished you should think again....
A financial analyst who has worked in London and New York has discovered that Shale Gas is unprofitable in 80% of wells drilled and that the average life of a well is closer to 5 years not the 50 years they told investors and governmemts.
See the video explain why - http://www.youtube.com/watch?v=nxG4CpNSZTQ
Also the New York Financial Times has an extensive report on Shale Gas.
Google NY Times shale gas report.
CNX Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held