blanco-dee

Shale Gas: Promises, Promises, Promises

Great article! I reviewed the Berman article, it really gave a realistic perspective on the reserve life of tese assets, and a fair comparison of costs vs. potential.

I hope I can find more info on some of the other shale plays currenty being hyped, though I expect them to be similar. I am a big proponent of horizontal driling not only due to the advantages of higer production, but also the smaller footprint on the landscape - I sure wish these technologies were used more extensively for the CBM development in the San Juan Basin, which from a satellite view has looked like swiss cheese for decades, and worse for the last 20.

And thanks, of course, for shedding some light on the typical hype E&P companies - more articles like this appreciated,

BDO

The Importance of Stock Picking, Illustrated in Oil

To take it one step further, despite the fact that refiners are doing so poorly, in times of extensive over-speculation on oil exploration and production companies, and oil sector ETFs, the refiners make sense as a hedge.

buy low, sell high - selling oil stocks higher was last weeks play,

good luck to the posters, with GW talking to the Saudis this week I expect some excitement over E&P companies this week and next - hold on to your hats!