JoeBlam
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- Jun 1, 2013
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First you've heard of it? Uh huh....the MSM doesn't like MONSTER oil finds, and baby, this one is a WHALE of a tale and a $20T dollar bonanza for the Aussies:
Coober Pedy?
Coober Pedy is 6 times larger than the Bakken, 17 times the size of the Marcellus formation, and 80 times larger than the Eagle Ford shale.
All told what was recently discovered outside a sleepy Australian town contains more black gold more than in all of in Iran, Iraq, Canada, or Venezuela.
With current estimates at 233 billion barrels its just 30 billion shy of the estimated reserves in all of Saudi Arabia.
According to one renowned international expert, this massive discovery could eventually dwarf the oil rich kingdom as the original estimates are revised.
An advisor to six of the top 10 oil producers and active consultant to 20 world governments, Dr. Kent Moors now believes the find, "may land at 300 or 400 billion barrels," making it one of "the greatest unconventional oil discoveries any of us will see in our lifetimes."
"It's represents a bona fide redrawing of the global energy map as we know it," Moors says, "and the mainstream media is completely ignoring it."
Money Morning
Coober Pedy?
Coober Pedy is 6 times larger than the Bakken, 17 times the size of the Marcellus formation, and 80 times larger than the Eagle Ford shale.
All told what was recently discovered outside a sleepy Australian town contains more black gold more than in all of in Iran, Iraq, Canada, or Venezuela.
With current estimates at 233 billion barrels its just 30 billion shy of the estimated reserves in all of Saudi Arabia.
According to one renowned international expert, this massive discovery could eventually dwarf the oil rich kingdom as the original estimates are revised.
An advisor to six of the top 10 oil producers and active consultant to 20 world governments, Dr. Kent Moors now believes the find, "may land at 300 or 400 billion barrels," making it one of "the greatest unconventional oil discoveries any of us will see in our lifetimes."
"It's represents a bona fide redrawing of the global energy map as we know it," Moors says, "and the mainstream media is completely ignoring it."
Money Morning