ADE adelaide energy limited
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BHP has paid $4.75 billion for Chesapeakes Fayette shale assets....

  1. rexsh
    5,348 Posts.
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    22/02/11
    09:56
    Post #: 7930512
    BHP has paid $4.75 billion for Chesapeakes Fayette shale assets.
    Total area is 487,000 acres which is almost exactly BPT acreage in the Nappamerri trough.
    Of course a lot more development needed to get to the stage of US shale gas, but shows the potential.
    ADE Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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