Post by
TheRock07 on Jul 21, 2014 12:14pm
Drilling Boom in Argentina
What a change from just two years ago.........no shortage of rigs ia great news
https://af.reuters.com/article/commoditiesNews/idAFL6N0PW40Z20140721?pageNumber=1&virtualBrandChannel=0
Comment by
2j3kl on Jul 21, 2014 3:42pm
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dublebad on Jul 21, 2014 8:02pm
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dublebad on Jul 21, 2014 8:25pm
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Comment by
TheRock07 on Jul 22, 2014 9:44am
Black shales contain organic material ( kerogen ) that breaks down to form natural gas or oil. This makes black shale a strong candidate for holding oil and gas in variable but sometimes very large reservoirs. The Tertiary has 3D seismics which shows several very prospective targets. Patience here will be rewarded in multiples of the current extremely undervalued market cap..