The CSG boom is in recent memory and people are becoming aware of the success of unconventional in the US .
Could any of you Australians hazard a guess why your fellow countryman have not loaded up their Super accounts with small onshore E&P companies please ?
Is it primarily because of restrictions on the companies you can hold in Super's or because people haven't put two and two together yet or won't believe it till they see it ?
Several things occur to me :-
- there is a good chance that there is enough economically extractable gas in Western Australia to completely flood the domestic market .
- the company or maybe 2 companies with the cheapest gas should be winners but everyone else with a higher cost of production could be a loser .
- these E&P minnows are just too small in relationship to their assets .
Should Titan , Norwest and a few others be looking to merge ?
The CSG boom is in recent memory and people are becoming aware...
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