Wood Mackenzie "Eastern Australia Gas and Power Outlook to 2025-Fitting the Pieces Together":
...CSG will account for half of eastern Australia`s gas supply by 2020 ... growing at 3,8% a year the Eastern Australia market should hit a demand point of 1.1 Tcf by 2025 ....
I became a beliefer in the CO2 story!!!
...depending on the coal quality, enhanced gas recovery techniques could increase the recovery by 20-30%...(CO2+N2 injection)
Research study from China (China United Coalbed Methan Comp., Canadian Research Council)
One-well test in S Qinshui Basin (Shanxi Province) showed the coal was stable and permeable enough to adsorb CO2 and increase methane production.
Got this info from an US journal for petroleum engineers. That means the chance increased that the texas cowboys from Houston, the Mecca of Oil and Gas Buisiness, will discover MPO.
An old saying from Frankfurt: Just sit on your arse and wait long enough - that`s the way you earn money with shares.
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
