The HVS underlying Surprise and extending for hundreds of kilometers , if , as mooted, is the source rock for the Amadeus oil kitchen , could be truly massive.
The majors are moving in big time and this is just the beginning.
We already have Total.
Shale oil in Australia .
Bigger than Saudi Arabia.
Crazy you think?
Think again . Here is one top US academic and international oil advisor who thinks so , and just for ONE basin alone :
When our myopic stock market “gets it” , we will be looking at incredible valuations , and more importantly , Australia is going to need politicians of a very high calibre to handle the strategic forces that are coming our way ready or not.
CTP Price at posting:
76.0¢ Sentiment: Hold Disclosure: Held
