Antares Energy: Shale we dance?

At today’s low US gas price, this shale gas business makes money. If gas prices rise, it will make far more. Gaurav Sodhi introduces a new Speculative Buy.

American gas producers once trumpeted technology that allowed gas to be produced from impermeable shale rocks. Now, as a glut of supply forces prices lower, fracking (see Shoptalk) and horizontal drilling are no longer solutions; they have become the problem.

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