WA mines boss sees big shale potential
http://au.news.yahoo.com/thewest/business/a/-/national/17545304/wa-mines-boss-sees-big-shale-potential/
WA's untapped shale gas resources could be a huge prize for major companies looking to exploit the region.
The Director General of WA Mines and Petroleum Richard Sellers says WA's shale and tight gas reserves were much bigger than those in other states such as South Australia.
"The potential is way more, multiples more," Mr Sellers said in a briefing.
"The prize in the Canning Basin is huge."
He said the Canning Basin in north WA could be a game changer for the State as it was among the five biggest shale gas reserves in the world.
Last month, the State Government introduced a bill ratifying an agreement with joint venture partners Buru Energy and Mitsubishi, to allow the companies to continue gas exploration in the onshore Canning Basin, develop a gas pipeline to the Pilbara and give first dibs for any gas discovered to the domestic market.
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