Is Joan Lappin of Gramercy Capital Management a Bible literalist?
February 20, 2012, 18:01
Filed under: Uncategorized | Tags: Forbes, fractured carbonate structures, Joan Lappin, McMoRan, millennia
Filed under: Uncategorized | Tags: Forbes, fractured carbonate structures, Joan Lappin, McMoRan, millennia
millennia
It turns out that a huge percentage of the world’s most prolific oil and gas deposits has been found in fractured carbonate structures. Think Saudi Arabia, Yemen, and Oman; the North and Barents Seas; India, Sichuan, China, and much of the Gulf of Mexico production in this context. Often these are structures that were deposited in bays or seas without big tidal action, millennia ago.
via Important McMoRan News Greeted With A Big Yawn – Forbes.
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