$AEXP Could Turn Shale Gas into Green
January 2nd, 2010 at 9:47 am Posted by
Yesterday, The Dean started off the New Year right with a free stock pick for the entire student body.
In addition to $AEXP‘s potential to Explore Profits in 2010, The Dean also thinks the company has potential in using new recovery methods and exploring “unconventional” sources of natural gas, such as shale gas.
The Dean, among others, thinks natural gas could see a spike because it emits less carbon than other fossil fuels and can also be used as a green technology for the generation of electricity.
And $AEXP is not only looking for oil and gas out there but also shale gas which has become increasingly more important to the natural gas market, making up as much as 50% of U.S. natural gas in the past ten years.
When it comes to oil and gas stocks, many experts, such as Jim Jubak of MSN Money, suggests that location is key. Even better, Haynesville Shale region, where $AEXP has more than 13,000 acres of unexplored land, is noted as being quite RICH.
In addition to an anticipated rise in natural gas prices, $AEXP‘s exploration territory has been characterized by “high initial production, quick production of reserves, and high return of investment due to the quick monetization of reserves.”
In fact, sources such as Popular Mechanics have suggested that shale gas reserves have contributed to the 11% rise in natural gas. Since natural gas prices are at a six-year-low, The Dean believes $AEXP is investing in a cleaner future and has great potential to turn shale gas into green.
