KAR 2.22% $1.38 karoon energy ltd

a bit of solid info, page-28

  1. 745 Posts.
    lightbulb Created with Sketch. 1
    Sure the company would obviously be spruiking shale gas prospects but contractors would know before most as they have to apply for the tenders.

    I also don't see any competitive advantage in telling the market that shale gas will triple and getting more contractors directing tendering resources to compete with you.

    I agree with the sentiment that offshore wells are more reliable long term sources but I don't think its fair to say China is writing off 36Tr cubic metres of shale gas just yet.
 
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