Meanwhile….good news for oil production and energy self sufficiency in Australia:Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or what you think you may have read here.
https://www.abc.net.au/news/2019-08-12/multi-billion-dollar-oil-project-using-fracking-west-kimberley/11389046
“A network of oil wells that involve fracking in the Great Sandy Desert, connected by pipelines to new and existing ports, may become Australia’s biggest oil producing project.
“Documents on the website of privately owned Theia Energy, some of which have since been removed, say they have found as much as 57 billion barrels of oil in the desert location 150 kilometres south-east of Broome.
“The oil find is described as “unconventional” meaning it is locked in dense rock that will need hydraulic fracturing, or fracking, to allow the oil to flow to the surface.
“Theia Energy, a small and privately owned Perth-based company, was created in 2018 when Finder Exploration split into Finder Energy for its offshore projects and Theia Energy for its onshore Great Sandy Desert Project. Theia Energy is in negotiations with the Karajarri traditional owners of the area to gain permission to confirm commercial flow rates of oil by fracking rock over a kilometre underground. [For the record, Bakken operators frack at a depth of almost two miles below ground.]
“Leading the negotiations on behalf of traditional owners is Karajarri Traditional Lands Association chairman Thomas King.
*********************************
No Segue
I thought of this while posting links to the "C Rock."The average university / college in the US:
- alpha males / all males enrolled: 25 / 100
- alpha males / all males enrolled: 99 / 100
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.