written by reader “Where the Hell Is Coober Pedy? What is the $20 trillion secret”?

By alaska51, February 23, 2013

Here ya go Travis. This is a teaser for Kent Moor’s Energy Inner Circle. It claims that he has discovered a shale basin in Australia 12 times bigger than the Bakken and he will tell you who the two major ”small” players are so you can reap up to 400% in one year. Is the thinkolater up to it? I’ll be watching. Rick Cole

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alephnull
alephnull
7 years ago

Linc Energy (ASX:LNC), an Australian energy company headquartered in Brisbane, has recently announced its discovery of up to 233 billion barrels of oil in the Arckaringa Basin. The Australian government is hoping this development can allow the country to transform into an oil exporter and retain its energy self-sufficiency.
The Arckaringa Basin’s reserves consist of shale oil, as opposed to conventional crude. Shale oil comes from sedimentary rock and the conversion process into liquid form proves extremely costly and difficult. CEO Peter Bond predicts that in the worst case scenario, only 3.5 billion can be extracted, which would still render 336 billion dollars for a company with around 3 billion in yearly revenues.

Bond has also stated that it could cost up to $300mm to start the extraction process, which would not hit its stride for several years. Analysts have refrained from jumping on the Linc bandwagon, stating their desire to first find out more about the quality of the oil reserves, the project timetable and other factors such as infrastructure and piping.

Investors should also consider the prospect of Linc Energy possibly sharing the rights of the reserves with a larger oil company to help out with the extraction process. With all these factors taken into consideration, and even in the worst case scenario, it seems Linc Energy may have a bright future ahead of it.

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exminer
7 years ago

Of course the ( Thinkolater ) is up to it. Hopefully soon!!! Before all the oil is gone. Tim Queen

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dennis
dennis
7 years ago
Reply to  exminer

check out linc energy

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Ian Shearer
Ian Shearer
7 years ago
Reply to  exminer

The discoverer and initial stakeholder is LINC ENERGY – a small Aussie. They have hired Barclays not Kent Moors to find them a capable development partner.

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jlins43
jlins43
7 years ago

any one know who the “large US Operator” will be for the projects in the Arckagrenga Basin? And who could be the Service Co that Moors refers to in Mark Wards new teaser video ?

ruba
ruba
7 years ago

Beside Arckaringa basin is Officer Basin and it is controlled by a small Canadian company Rodinia V.ROZ and has a larger land mass than Linc and could have just as much if not more oil reserves and is just starting to gear up exploration. Could be very interesting with time.

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03737
03737
7 years ago

Beach Energy has the Cooper Basin,producing oil & gas,making a profit and paying a dividend.It seems a safer bet than Linc,which has plenty of work in front of it to see Archaringa into production

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angelakw1@me.com Wright

Any news on this story? Just had another video hype from Money Morning for “Energy Inner Circle” @ $795/year with 90 day opt-out… Wd love to know the plays from The Mighty Thinkolator instead.

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Travis Johnson, Stock Gumshoe

I wrote about this for the Irregulars a couple weeks ago, but there have been so many questions that I’ve just republished an excerpt of that for everyone here: http://stockgumshoe.com/reviews/energy-inner-circle/coober-pedy-and-the-20-trillion-opportunity/

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mike
mike
7 years ago

id like to know the plays as well without paying the $795

cs141414
6 years ago

Linc has finally started moving into the spotlight. They just got a cornerstone investor- a giant Malaysian Conglomerate dealing mainly in casinos and Palm Oil. Their IPO to the public opens next Wed. on the 18th. I have spent a ton of time tracking blogs and such and it seems that their IPO is rather hot. They have alot going on in early stage developement. I get the impression that they will sell all their assets except their gasification unit and the Basin find in Queensland. Everything is lining up like there is a HUGE future for these guys. Some serious investors are lining up including the Russian oligarch that owns the Nets. I have a feeling that they already know that their shale find is going to be their focus. The other oil and gas units in Texas, Oklahoma, , Alaska, Wyoming and Poland will probably be sold off with their coal unit. They seem to be cashing in everything for the big push. This could be a very rewarding investment. I am holding on for dear life to my ADR LNCGY shares. We’ll know a lot more by the end of next week- but that might be too late to get in. Check it out and please reply if anyone sees anything to the contrary.

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