RE: Don't get too excited20 Aug 2015 11:56
Steak - could only be a meat eater :)))
I'm not a de-ramper, I hold Alkane who took a stake in EDR in exchange for shale gas rights. I was disappointed when Alkane got into shale as I like the idea of their methane to electric model. I have asked Alkane to consider selling their share in EDR, but I wont have any influence.
I do have socialist sympathies, tho a bit hypocritical of me, as I hold shares too. Not esp a tree hugger tho I do care about the environment. IMO the economic viability of shale in UK could be as much a drawback as the environmental issues. Gas (oil) price needs to be high for it to work, I believe.
Also, not saying I'm correct, just a different point of view. I remain to be convinced of safety (re water supply) of shale gas exploration. Have a read of the articles, even if they re-enforce your current opinion. Cheers. MU