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Tri-Star hikes stake in Aussie gas company

Privately-owned Tri-Star is now the second largest shareholder in ASX-listed Omega Oil & Gas. ....

Omega Oil Gas , Omega Oil , Tri Star , Tight Gas Sands , Omega Oil Amp Gas , Western Queensland , Gas Play ,

Detailed text transcripts for TV channel - CNN - 20100629:17:55:00

92 years supply of natural gas at our current rate of consumption, we ve got a lot of natural gas here in the united states? we have a significant amount of natural gas. i would say that the 92 years is the midpoint range. there s a range of uncertainty in those supplies. so it could be much higher, it could be lower. but there is a substantial amount of gas reserves that are affordably produced, say, under $4. and so there is a significance resource base. and that has grown substantially in the last several years because of new technologies that have enabled the affordable production of unconventional gas as opposed to conventional gas, unconventionals are coal bed methane, tight gas sands and shales which everyone is talking about a lot lately because shales are very, very prolific. really quickly, we re running low on time, but there s also coal which you bring up. ....

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