In a previous interview about coalbed methane (CBM), Sprott Asset Management CBM analyst Eric Nuttall told us he would remain, “quite excited about the prospects for companies with coal bed methane assets so long as natural gas prices remain above $6 per Mcf (thousand cubic feet). The economics would be very skinny under $6.” That’s because CBM exploration and development can get pricey. What if there was a drilling firm regularly bringing gas out of the ground for under $1.50/mcf? There is and they’ve proven it with more than 250 wells in Australia. They’ve moved into India, where they drilled another 30 to 50 wells and another 70 wells to come. Mitchell has taken acreage in southern Kansas, where the company just finished its first CBM well. And the company formed a joint venture with Pacific Asia China Energy (TSX: PCE) to bring its Dymaxion® technology to China later this year. › Continue reading…
Archive for 'Life Technology'
Several large and well-known companies developed Bluetooth as an industry standard. The standard was introduced in order to specify how hand held devices, computers and other peripherals would communicate with one another without the need for cables. It uses short distance radio signals in order to generate communication between one device and another in close proximity. It is already widely used around the world in particular in bluetooth headsets, used for speaking on your cell phone when driving. However, data can be passed between any bluetooth devices within range. › Continue reading…
