awe&nwe targeting the same shale, page-4

Thanks jak444!

"May 28 (Bloomberg) -- Royal Dutch Shell Plc, Europe??s largest energy producer, agreed to buy most of closely-held East Resources Inc. for $4.7 billion in cash, expanding its holdings of U.S. shale gas deposits."

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9.cOqQXmtrs&pos=3

Now people start to realize the value of "shale gas".

Once in good quilty then potential return billions--like WA's iron ore.

Hopefully AWE's may/june shale gas analysis is very positive. I read AWE expects the first sale of shale gas next year, this means the initial gas analysis should be very encouraging, otherwise it cannot make such expection.