re: Ann: Senex confirms basin centred gas pla...
What an excellent announcement.
As I have mentioned before, any report you read regarding commercially viable shale, you will find they all point to wet gas being the holy grail. btw - I am in no way saying that just gas is not hugely profitable.
Anyway. Great result, am extremely excited about the fracking that will start in December.
Hopefully some posters from AUT can come over to the SXY threads and hopefully start discussing the possibilities that SXY has in its future shale potential. I mention AUT, because they are Australia's premier shale company in the U.S. Their main asset, in the Eagleford shale basin, is hugely profitable because it has wet gas.
SXY Price at posting:
71.7¢ Sentiment: LT Buy Disclosure: Held