KAR 0.40% $1.26 karoon energy ltd

exxon/karoon, page-10

  1. 24 Posts.
    Stip, At a matter of fact, extracting gas from shale at the present is generally more expensive than the deep-sea LNG wells production. Shale gas tends to cost more to produce than gas from conventional wells, because of the hydraulic fracturing process and horizontal drilling. In addition, the piping,relay stations facilities required with all XTO assets in the US is 100 folds more than P1 to Darwin. In short, you can compare apple to apple and possibly- your apple is even sweeter.
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