GREY:CIMVF - Post by User
Post by
santiago44on Jun 03, 2008 9:43pm
507 Views
Post# 15141867
Shale references in the Telegram by Millan
Shale references in the Telegram by Millan
Here are a couple of links to
Oil Shale articles.
The Evening Telegram (St. John´s, Newfoundland) article this week, when interviewing CIVC CEO Steve Millan, makes specific reference to the Barnett Shale in Texas as an analogy for our Green Point Discovery.
"The drilling is ongoing, but so far the results have been promising. They have found a layer of shale similar to a very valuable formation found in Texas called Barnett Shale. The Barnett Shale formation is one of the largest gas fields in North America.
The discovery has attracted new investors. "It could be developable almost on a regional scale, because this horizon occurs very widely throughout western Newfoundland," said Millan."
Check out the links... The Oil Shale Play is our safety net in this hole, imo, if you read between the lines.
https://seekingalpha.com/article/31884-can-royal-dutch-shell-s-shale-extraction-technique-end-peak-oil-paranoia
https://en.wikipedia.org/wiki/Barnett_Shale
Cheers,
A casing we will go, a casing we will go, hi ho the derrio....
Stgo