UK Shale 2013 is on today and iGas (Dart's near neighbour) is up almost 5%. I guess it was quite a positive event!
Here are some choice tweets from Nick Grealy, including a couple of bullish quotes from Dart (LIQUIDS!)
Looking forward to the next leg up to 14-15 cents and then some news...
@UKShale Dart Energy says Bowland 1300TCF estimate "on the low side". Notes it didn't include liquids.
@UKShale Eastern Bowland has dry gas and liquids rich potential Dart Energy
@UKshale Tim Yeo MP on Energy Security and affordability Shale gas a big prize worth prioritizing. Needs cash incentives for community
Tim Yeo MP: Shale gas should be a "national priority" @UKshale London today. @James_BG @JohnMoylanBBC
Weald Basin BGS report due by March 2014 : Fallon. UK Government is "absolutely convinced" about shale.
Finally out: The impact of shale gas on UK prices. Up to 40% lower wholesale gas prices @JohnMoylanBBC @danielbyles https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/223492/navigant_consulting_report.pdf
@TimProbert same page: Several geologists we have spoken to believe that these shales are also very likely to contain liquids …
So much for 10% of 1300 TCF p 51 Navigant: shale gas, recoverability rates are between 20% and 50% of OGIP https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/223492/navigant_consulting_report.pdf …
