Thanks jak444!
"May 28 (Bloomberg) -- Royal Dutch Shell Plc, Europe??s largest energy producer, agreed to buy most of closely-held East Resources Inc. for $4.7 billion in cash, expanding its holdings of U.S. shale gas deposits."
http://www.bloomberg.com/apps/news?pid=20601087&sid=a9.cOqQXmtrs&pos=3
Now people start to realize the value of "shale gas".
Once in good quilty then potential return billions--like WA's iron ore.
Hopefully AWE's may/june shale gas analysis is very positive. I read AWE expects the first sale of shale gas next year, this means the initial gas analysis should be very encouraging, otherwise it cannot make such expection.
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awe&nwe targeting the same shale, page-4
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