Australia's shale-gas resources could attract foreign interest

12/29/2011 | West Australian, The

Positive shale natural gas drilling results in South Australia's Cooper Basin could attract the interest of foreign energy firms, said Stephen Reid, national leader of Deloitte's oil and gas industry sector. "While the domestic shale-gas industry is in its infancy, it is already attracting interest from foreign majors keen to get a foothold in an emerging market in the hope it will replicate the success of the U.S. shale industry," Reid said.

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West Australian, The

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