ps1,
We are aiming for gas. Wet gas would be a bonus. There is gas down there. Halliburton and others are hugely excited.
Of course this will be a dry well. That is what shale is all about. Ever had a look a a core?
Shale gas has taken USA by storm. Now providing 26% of USA'a gas requirement with 50% in the headlights.
Research Mr Mitchell's beginnings. It is a fascinating story.
shrewd crude report valuation, page-30
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