Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (172327)	9/6/2012 7:45:37 PM
From: Ed Ajootian	1 Recommendation Respond to of 206099

Thanks Dennis. Googling for articles describing or discussing a report is never as good as seeing the report firsthand of course. Thanks again for sharing what you can. Your thought about the Saudies importing natty is interesting. I wonder if that is a tenable option since they would have to pay market prices for that natty, in which case, query how they go about trying to pass those prices on to their populace without causing another Arab Spring given that their populace is used to paying subsidized prices for the domestic oil.

To: Dennis Roth who wrote (172327)	9/12/2012 4:53:41 PM
From: Dennis Roth	1 Recommendation Read Replies (2) \| Respond to of 206099

Saudi Arabia’s shale gas push By Wael Mahdi, Bloomberg News Sep 11, 2012 8:54 AM ET business.financialpost.com By Wael Mahdi, Bloomberg News \| Sep 11, 2012 8:54 AM ET \| Last Updated: Sep 11, 2012 1:20 PM ET Saudi Arabia may hold the fifth-largest deposits of shale gas, behind China, the U.S., Argentina and Mexico, with as much as 645 trillion cubic feet of recoverable fuel Saudi Arabian Oil Co. is set to increase the number of drilling rigs it will use in coming months as it plans for an exploration push for shale gas and hydrocarbons in the Red Sea, a local energy analyst said... ...Saudi Aramco plans to intensify drilling and bring Manifa, the world’s fifth-largest oil field, into production next year, according to the company’s latest annual review. It also expects to announce commercially viable shale gas deposits soon, Chief Executive Officer Khalid al-Falih told Eqtisadiah newspaper on Aug. 22. Saudi Arabia may hold the fifth-largest deposits of shale gas, behind China, the U.S., Argentina and Mexico, with as much as 645 trillion cubic feet of recoverable fuel, according to a Baker Hughes estimate. Baker Hughes Chief Executive Officer Martin Craighead said on a July 20 conference call that Saudi Arabia is his company’s most attractive potential source for shale gas outside the U.S.