Here is another explosive news on SHALE gas:"NEW STANDARD AND...

Here is another explosive news on SHALE gas:

"NEW STANDARD AND CONOCOPHILLIPS EXECUTE HEADS OF AGREEMENT
TO FARM INTO GOLDWYER PROJECT
(ASX: NSE)
New Standard Energy Ltd (New Standard) announces that it has entered into a non-binding Heads of
Agreement (Heads of Agreement) and exclusive negotiating period with ConocoPhillips Australia SH4
Pty Ltd (ConocoPhillips), an affiliate of global energy company ConocoPhillips [NYSE:COP].
The Heads of Agreement sets the framework for ConocoPhillips to farm-in and jointly explore, New
Standard?s flagship Goldwyer Project in the Canning Basin, Western Australia. "

Ref: Announcement from the NSE company.

Also I have collected some recent news on Shale Gas making headway in Australia, see link at:

http://ozstock.blogspot.com/2011/07/shale-gas-next-energy-revolution.html