Fracking the Canning Basin
Submitted by Gerry Georgatos on Thu, 09/05/2013 - 7:35pmGerry Georgatos - Western Australia’s Canning Basin (photo abc.net.au) will soon be talked about as the next resources mining frontier. The James Price Point $40 billion gas hub proposal for all intents and purposes has been dumped but the State’s Premier, Colin Barnett, will pitch the extraction of natural gas from the Canning Basin as the way to go in the pursuit of State revenue. Most of the gas will be exported.
The shale gas deposits of the Canning Basin are among the richest in the world.