Coalbed Methane (CBM) Corral Message Board

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Gold/Mining/Energy : Coalbed Methane (CBM) Corral

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To: LoneClone who wrote (336)	1/9/2009 8:09:03 PM
From: LoneClone	Read Replies (1) of 365

How much is out there By Scott Simpson, Vancouver SunJanuary 9, 2009 vancouversun.com - B.C. is estimated to have a total coal-bed methane resource equivalent to at least 50 years' worth of conventional natural gas production. - If industry can tap into that resource, it will generate billions of new royalty revenue dollars for the provincial treasury although the exact value will depend on the North American market price of natural gas over time. - Coal-bed methane production is expanding in Alberta, Australia, China and the United States, where it now accounts for about 10 per cent of annual gas production.

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