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Oil Shale RSS Feed

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Central Pacific Minerals is an Australian Oil Shale Company. They have a proitable, working, first stage, $250,000,000 plant near Brisbane. They have more oil reserves than the entire US. A Stage 2 Plant will be put up during the next two years. The processing costs are about $12.50 barrel and are expected to come down as the technology improves. Australia has very little oil. The Australian Government has given them a guaranteed price floor of $20.00 per barrel. The symbol is spp/cpm. the website is sppcpm.com. Check it out. It oil at 4 cents a barrel.
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