Keep a watch on the following companies drilling for shale gas - New Standard Energy (exploring for shale gas in the far north of Western Australia), Beach Petroleum (Cooper Basin) and particulary AWE (Woodada Deep - adjacent tenement to NWE).
Any significant discovery could be a catalyst for a feeding frenzy on companies with potential shale gas exploration assets e.g. NWE :-)))
Cheers,
GrayNomad
NWE Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held