As shale continues to develop the highest acreage value I have ever heard of is this one. $60.000 per acre!
Which just shows, if it is good shale, with modern technologies, serious value is there to be unlocked.
Cuadrilla had its shale for free. Over 1 million acres.
Surely given what we know today there is value. And the upside is getting bigger for good shale plays due to technology and experience developing. Great!!
AJL Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
