New technology raises oil shale hopes in Qld

NEW attempts to commercialise the Julia Creek oil shale deposits in northwest Queensland are being driven by corporate manoeuvres, the potential of technology called solvent hydrogenation, the probability of continuing high oil prices and Australia’s indigenous crude oil shortage. By RICK WILKINSON

New technology raises oil shale hopes in Qld New technology raises oil shale hopes in Qld New technology raises oil shale hopes in Qld New technology raises oil shale hopes in Qld New technology raises oil shale hopes in Qld

The two groups involved are London-headquartered, Alternative Investment Market-listed Xtract Energy, which has a technology development arrangement with the CSIRO, and Sydney-based Australian Thermal

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