CNX 0.00% 7.4¢ carbon energy limited

If you think UCG is finished you should think again....A...

  1. 30 Posts.
    If you think UCG is finished you should think again....

    A financial analyst who has worked in London and New York has discovered that Shale Gas is unprofitable in 80% of wells drilled and that the average life of a well is closer to 5 years not the 50 years they told investors and governmemts.

    See the video explain why -
    http://www.youtube.com/watch?v=nxG4CpNSZTQ

    Also the New York Financial Times has an extensive report on Shale Gas.

    Google NY Times shale gas report.
 
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