I work in the oil and gas business.
Ofcourse you can be wrong even with a PhD and you have to know that the successrate in the E&P is about 1:10
But what I see, read about Halifax makes me as excited as gassed - now. What makes me excited: The now very high probabilty of success with ICN (moreover last night before I went sleeping I got a report from Africa Oil that they tested successfull too in Kenia)and this morning this great first news from ICN. Will change may nick into luckyhuaneng LoL at least for the last night.
Think that many people in Australia still do not understand shale gas in Surat, eromanga basin.
Many ++++s like already existing infrastructure like pipelines, compressors, long history of production there, almost no neighbours, and a market (LNG at coast) and most important the first test rate seen as economicall.
Everything there and the US success will be repeated outside the US for the first time there in the Santos basin - thats my prognosis
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I work in the oil and gas business.Ofcourse you can be wrong...
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