NWE
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0.00% 5.6¢ norwest energy nl

shrewd crude report valuation, page-49

  1. lordolean
    2,919 Posts.
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    28/03/12
    09:19
    Post #: 9904397

    the world is very long gas. there is gas everywhere. The key issue is the marginal cost of extraction and it is no different for shale economics.....so its not simply a case of finding gas it is right under our feet as we speak.....everyone has forgotten this in the rush...it is totally different to oil economics which is in much shorter supply and greater demand...we need liquids
    NWE Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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