Wednesday 15 February 2012

Wild estimates of likely gas supplies - we are not surprised!

As we have long suspected, industry estimates of likely shale gas deposits in the US and in European fields now appear to have been wildly exaggerated no doubt to impress gullible politicians and investors. A hint of the scale of this sham ( scam? ) may be gleaned from here:

The latest issue of LeFortySix Magazine (www.lefortysix.fr) is published today and carries an article by one of our team entitled: Gaz de Schiste - WATER - a perspective. Click the link below or go to page 12 of the hard copy available here.

Almost one year now to the day when the deceit first emerged here in France. We confidentally predict that reactions will be even more pronounced this time around.

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