CNX 0.00% 7.4¢ carbon energy limited

monetisation of gas

  1. 348 Posts.
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    3rd Feb 2009 Andrew Dash quoted as saying in the australian financial review "now that weve got certinity over our resource were looking at the most logical ways to MONETISE our resource" " power generation and natural gas seem the two most logical routes at this point in time, given the strong market demand for both"

    On the 5 th May 2006 we have russell caplan shell chairman acknowledging that they would probably have to step up its prescence to stay in the race for coal seam gas to LNG.

    Dont worry Mr Caplan CNX has plenty of UCG which can be converted to synthetic natural gas.

    This is pure speculation but he went on to say "Were in discusions with authorities, arrow and with others on ways to MONETISING (the gas)"

    This is my view reading between the lines and believe that CNX has the technology and the reserves to help arrow shell fill the reserves they need to compete on a world scale with the others.

    What do you guys think the word MOETISE not used that often

 
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