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Is Wales sitting on gas reserves worth billions?

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  • Is Wales sitting on gas reserves worth billions?

    http://www.walesonline.co.uk/news/wa...ewsam:20110611

    A SHALE gas field comparable to some of the largest in the world could be trapped beneath the coal fields of South Wales, a report has found.
    An Australian exploration firm which holds several licences to exploit the gas reserves trapped in the shale rocks deep beneath the UK believes the reserves in Wales are far larger than previously thought.
    Eden Energy’s studies suggest that the quantity of gas would be equivalent to the amount needed to meet the UK’s gas use for four years..............
    CAVEAT LECTOR

    This is only my opinion - "Opinions are made to be changed --or how is truth to be got at?" (Byron)

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  • #2
    Re: Is Wales sitting on gas reserves worth billions?

    Wow, all right by me then!:tinysmile_aha_t:

    Comment


    • #3
      Re: Is Wales sitting on gas reserves worth billions?

      meet the UK’s gas use for four years
      Which will immediately be squandered down to one year by building more gas fired power stations in order to shut down coal and meet 'green' obligations.

      Much like what happened to our north sea gas reserves, supposed to last us 40 odd years they were.
      Advice given is offered as personal opinion only. I always recommend you seek professional legal advice.

      Negative, I am a meat popsicle

      Comment

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