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I realize shale gas is new to Australia, but do we have any oil...

  1. persistentone
    1,491 Posts.
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    09/11/10
    15:53
    Post #: 7449909
    I realize shale gas is new to Australia, but do we have any oil engineers out there who know how much of the WA shale gas is supposed to be liquids instead of gas?

    In the US, surprisingly most of these shale gas operations are losing money on the gas they develop, and they make the actual profit on liquids they find with the gas.

    Just curious if the WA shale gas is drier than shale gas in US.
    AWE Price at posting: $1.86 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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