The Energy Report: A couple of years ago, you were skeptical of the long-term prospects of the U.S. shale-gas plays being touted by producers. Has anything happened to give you more confidence in the forecasts?
Atticus Lowe: Commercial production has been established in a number of shale plays, although most require a significantly higher natural gas price to justify the economics. As these shale plays have developed, a number of sweet spots have been established that provide higher-than-average returns. This is the old 80/20 rule, where 80% of the production may come from 20% of … [visit site to read more]