Sounds quite familiar to what I posted several days back. Unless natural gas prices increase dramitcally, these companies will lay down their rigs and go home.
Yes you did say that Eddie.
It is not economically viable at this point to extract the gas from their projects.
And those are some companies that have proved the wells already.
North American demand for Nat Gas or Oil Sands Gas or Coal Bed Methane Gas or any form of conventional or unconventional gas or oil demand is irrelevant. - kysky
So are Falcon's unproven reserves. Hungary was a failure, and OZ sounds like smoke and mirrors to me.
Good Luck