Australia to emerge in shale development.

摘要

When it comes to resource development, Bernstein Research analyst Neil Beveridge said Australia will be an "early adopter" for the global shale revolution. "While costs remain the big challenge, Australia has all the other right attributes 'above the ground' to make shale work," Beveridge said. In the past two years, five international companies have entered Australia's shale plays with investments totaling about $700MM including Statoil's $210MM with Petrofrontier, BG's $130MM with Drillsearch Energy, Mitsubishi's $152.4MM with Bum Energy, ConocoPhillips' $107.4MM with New Standard, and Hess' f 60MM with Falcon Oil and Gas.