Australian Shale

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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moneytrader

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Australian Shale

posted on Feb 26, 2013 01:33PM

This 'find' is a very long way off from being proven... but it would appear that Australia has an awful lot of shale oil & gas underneath it.

Although some distance away this Coober Pedy acreage is pretty much directly south of Beetaloo Basin... (potentially adds some more validity to the case for Falcon)

http://www.adelaidenow.com.au/news/south-australia/trillion-shale-oil-find-surrounding-coober-pedy-can-fuel-australia/story-e6frea83-1226560401043

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