[BITList] Check out $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia

FA franka at iinet.net.au
Wed Jul 17 07:12:47 BST 2013


I seem to remember oil from shale was produced by cooking the shale 
hence the the open cast mines in Canada, Queensland has enormous fields 
also Esso was going to exploit them back in the 60s but the green lobby 
managed to shut them down they (Esso) had even built a trial plant to 
prove the economics of the field, the Germans did it in WW ll and South 
Africa has had large plants operating operating over there for years, 
plus horizontal drilling has been around for years cant see a well only 
producing 1~2K barrels being very economic unless they are desperate
frank

On 7/17/2013 10:54 AM, John Feltham wrote:
>
>
> http://www.adelaidenow.com.au/news/south-australia/trillion-shale-oil-find-surrounding-coober-pedy-can-fuel-australia/story-e6frea83-1226560401043
>
> Check out the truth in the first comment at the bottom of the article.
>
>
>
> ooroo
>




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