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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (70075)8/3/2008 8:38:50 PM
From: Snowshoe  Read Replies (2) | Respond to of 74559
 
Yep... <g>

Natural gas find in Louisiana makes Jed Clampetts of property owners
latimes.com



To: Maurice Winn who wrote (70075)8/4/2008 6:10:19 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Oil shale rush in New Zealand! Helen must be rubbing her hands with glee at the prospect of taxing this bonanza...

Trans-Orient Projects Oil Shale Acreage May Contain 1.7B Barrels
rigzone.com

Wednesday, July 23, 2008

Trans-Orient Petroleum Ltd. has reported that it is sitting on 2.2 million acres -- 100% controlled -- of oil rich fractured shale in the East Coast Basin of New Zealand. Proven technologies currently in use in the U.S. fractured shale areas of the Barnett and Baaken fields will be used by Trans-Orient in their Waipawa and Whangai fractured shale fields.

The land operated by Trans-Orient is dotted with natural seeps, and beneath these millions of acres is a projected 1.7 billion barrels of oil held in massive Fractured Shale source rocks waiting for extraction.

Fractured shale made big news in the U.S. news when a huge deposit, The Bakken formation - part of the Williston Basin, extending north for hundreds of miles from Richland County, Montana straight into Canada - revealed reserve estimates as high as 503 billion barrels of oil according to a U.S. Energy Information Administration report.

Independent confirmation supports the resource potential of the fractured shale that is 100% held by Trans-Orient. The technology for extraction is proven and in-use in the U.S. and Canada. Moreover, the New Zealand government is providing incentives to the Company, and drilling will commence in September of 2008.

Trans-Orient Petroleum Ltd.
transorient.com




To: Maurice Winn who wrote (70075)8/4/2008 8:43:11 AM
From: Rarebird  Read Replies (2) | Respond to of 74559
 
Gold Rush? The US government may eventually pass a law making possession of Gold illegal and fix its price. The reason why? The government already did it (1933) and do you really think things are different now?