"2 - 5 rigs for h2 2010", page-10

Im here to make money, although i dont mind sharing information and opinions.

I am almost exclusively invested in the eagle ford shale.

The play in its entirity continues to over achieve.

The large US independants and other major global players are already convinced on the economic merits of the eagle ford shale,(hence the vast deployment of capital away from other projects and into the eagle ford).

Australia is not convinced of the economic merits of shale plays,and many analysists/brokers here are awaiting further production.

I have a time frame of into 2012 before I will consider realising profits from my investments.

The GFC of 08/09 created entry opportunities into some small cap stocks that had lost upwards of 90% of their value.Even in current market conditions i do not see opportunities of relatively early stage,de-risked plays such as the eagle ford, failing to continue their upward momentum through out the remainder of 2010.

All the best.