Resilient Media Entertainment

Wednesday, January 23, 2013

Shale Oil Bonanza Reaches Australia With '$20 Trillion' Discovery


A Brisbane-based company, Linc Energy, today released two reports that suggest huge figures in potential shale oil reserves located in South Australia, the Herald Sun reports. The estimates of oil reserves in the Arckaringa Basin range from 3.5 billion to 233 billion barrels of oil — potentially worth as much as $20 trillion

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