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As with others, who have recently visited China, Marchioni was overwhelming in his praise for China’s continued modernization process. He joked with us, saying, “I get a better cell phone connection in some rural part of China than I do in some parts of Alberta.” It has been difficult for us to grasp how “modernized” China has become. We’ve heard the same glowing phrases about China expressed by numerous mining insiders who have recently visited this country. All of that commentary didn’t really dawn on us, until this past weekend, while watching the new movie, Mission Impossible 3. Magnificent shots of Shanghai’s skyline filled with ultra-modern office towers and high rise condominiums, where some of the movie was filmed, persuaded us China has indeed moved forward into the 21st century. China has more than 200 cities with populations greater than 1 million, dwarfing any other country on earth. China reportedly has more then 300 million in its middle class. We had better all start learning Mandarin or Cantonese or both.
New technologies being used to drill for, and produce, coalbed methane (CBM) gas are making it easier to get out the gas. That’s according to Dr. David Marchioni, one of Canada’s leading CBM geologists, who appeared on Canada’s ROB TV in late April. “Because of advances in the technology, one can be more effective in getting the gas out,” Dr. Marchioni told the reporters on Canada’s leading business television network.
Questioned about how CBM gas was different from conventional natural gas, Dr. Marchioni, who was recently named the Vice President of Exploration for Pacific Asia China Energy (TSX: PCE), responded, “CBM gas is really no different from natural gas.” He added, “It’s really better because it has a very high methane content, generally 90 percent, often much higher than that.”