Apache finds MAJOR shale gas ...

1 post / 0 new
#1 Fri, Jun 15, 2012 - 6:24pm
Stoxxman
Offline
-
Vancouver,
Canada
Joined: Oct 17, 2011
438
4511

Apache finds MAJOR shale gas ...

  Image cannot be displayed

"CALGARY, Alberta – Apache Corp has made what it believes may be one of the world’s largest shale-gas discoveries in a remote corner of northeastern British Columbia, a massive field containing as much as 48 trillion cubic feet of recoverable natural gas

“This is probably the best shale gas reservoir in the world,” John Bedingfield, the company’s vice president of worldwide exploration, said at a company presentation on Thursday.

https://business.financialpost.com/2012/06/15/apache-discovers-massive-s...

NG has been beaten stupid, is sucking decade lows, and is probably the worse area to be buried in from an investment perspective imaginable. Is there any end in sight? Not with announcements like this there ain't.

Edited by: Stoxxman on Nov 8, 2014 - 5:17am
randomness