. 5 (Bloomberg) -- Australia’s emerging coal-seam gas industry is headed for consolidation as rivals seek the most profitable way of developing ventures that liquefy the fuel for export, said Royal Dutch Shell Plc’s local partner.
Shell and Brisbane, Queensland-based Arrow Energy Ltd. expect to announce this quarter or next how they intend to participate in the reorganization of rival projects planned by companies including BG Group Plc and ConocoPhillips, Arrow’s Australian Chief Executive Officer Shaun Scott said today.
Growth in non-conventional gas such as coal-seam methane and shale gas will help it overtake coal as the “dominant”fuel in the next few years, Schlumberger
said., the world’slargest oilfield services provider, said in October.
Got to love this last paragraph - also as we (i) have stated deep sea is a much better prospect...
Come on Mark Smith FIND THE GA$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
drilling progress report, page-34
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