Interesting read

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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solyomtwo

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Interesting read

posted on Dec 01, 2010 09:54AM

“Over the last several years, technologies for extracting unconventional natural gas from shale formations have been implemented with greater precisions resulting in lower costs,” said Colin Chapman, President of EPC. “So much so that costs for these types of gas projects have been in some cases lower than those of more conventional projects”.

In Europe, shale and other unconventional gas resources have been identified in France,Germany, Hungary, Italy, Netherlands, Poland, Romania, Spain, Sweden, Switzerland and the United Kingdom. As a result, LNG-rich nations such as Qatar and UAE have already begun reevaluating options of exporting gas and some of its gas-strapped neighbouring countries.