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Doug - agree dont fall for the hypethe reports are for the Weald...

  1. ahm100
    186 Posts.
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    25/05/14
    16:35
    Post #: 13412807
    Doug - agree dont fall for the hype

    the reports are for the Weald in Southern England

    FT.com reporting: the geologists, commissioned by the government to assess the potential reserves, played down the prospects for an onshore oil and gas bonanza in the area because of the difficulty of extracting it.

    Much better news for Bowland Shale midway through article
    10% extraction -> 40 years UK gas supply

    http://www.ft.com/cms/s/0/9f683490-e266-11e3-89fd-00144feabdc0.html

    DTE Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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