Replies to post #195090 on ERHC Energy Inc (ERHE)

[midtieroil]

LNG will only be 15% and it will take 20 years to get there?Frankly I'm surprised at that. I thought it would be more. That makes the arguement for gas from shale even more compelling. It would be interesting to see a cost comparison between your average LNG gas and the average shale gas. My guess is that shale is less than half the cost on average and about a quarter of the cost on average when compared to a deepwater project like the JDZ.

That is not to say the JDZ will not be produced but it is saying that it will be a high cost gas project. Makes you want to take the gas and reinject it to produce more oil and condensate, doesn't it?