I for one am glad QPN is in Indonesia, especially Sumatra and...

I for one am glad QPN is in Indonesia, especially Sumatra and not shale gas requiring fraccing. If/when the gas flows they have a high local and near vicinity demand market ready and waiting.

As for risk, it seems the shale gas industry is heading for a wall and QPN will avoid it with Ranau PSC.

This is a great post by mihal, with two other links. Will this flow on to the Australian shale gas plays? Maybe and maybe not but it will certainly have investors thinking twice about US and Aus shale gas.

http://hotcopper.com.au/post_single.asp?fid=1&tid=1730659&msgid=10022462
"Here are a couple of good articles on US shale gas, clearly showing that current low gas prices are unsustainable, with very few (if any) companies capable of producing gas profitably at the moment:

U.S. Shale Gas: Less Abundance, Higher Cost

Gas Boom Goes Bust

Who can make money at these prices?"