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Magellan Petroleum Corporation Message Board

  • wright.tom64 wright.tom64 Feb 23, 2014 11:05 AM Flag

    herbert.denton has given us a clue for individual research

    His quick comment about the Kimmeridge Clay and the Jurassic fossiliferous layers really is very interesting and could prove quite valuable for Magellan if we prove up a well in the Weald. I just finished reading some of the history behind these clay formations and their shale gas production possibilities and I can see why Bert is adamant that Magellan be more proactive about reporting on this potential at conferences. Also below the Kimmeridge lies the Lias clay which has potential and they both exist in the Weald. It seems to me that mollifying environmental concerns is the biggest challenge and I hope that more recent cleaner fracking methods will do this. This information and its potential for Magellan encourages me to once again rate it a buy. Thanks Bert.

    Sentiment: Buy

 
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