Over the past seven years, Mitchell Drilling has pioneered the Dymaxion drilling technology in Australia. Reports indicate they can extract coalbed methane (CBM) gas for as low as $1.10/mcf. Having drilled more than 250 wells across Australia, Mitchell Drilling has begun exporting the company’s Dymaxion® technology worldwide. In a previous interview about coalbed methane (CBM), Sprott Asset Management CBM analyst Eric Nuttall told us he would remain, “quite excited about the prospects for companies with coal bed methane assets so long as natural gas prices remain above $6 per Mcf (thousand cubic feet). The economics would be very skinny under $6.” That’s because CBM exploration and development can get pricey. What if there was a drilling firm regularly bringing gas out of the ground for under $1.50/mcf? There is and they’ve proven it with more than 250 wells in Australia. They’ve moved into India, where they drilled another 30 to 50 wells and another 70 wells to come. Mitchell has taken acreage in southern Kansas, where the company just finished its first CBM well. And the company formed a joint venture with Pacific Asia China Energy (TSX: PCE) to bring its Dymaxion® technology to China later this year.
Bad weather may be heading our way. Many very smart voices have raised their volume over the number of alarming red flags pointing to a worldwide environmental catastrophe coming in a few years or decades hence. One voice, coming from the sharp mind of James Lovelock is resounding across the world’s media nearly every day. His solution: get more nuclear reactors online and sequester the carbon dioxide emissions as fast as possible.
What’s the alternative? Move to the Arctic Circle, where you may someday bask year around with temperatures pleasantly at 74 degrees Fahrenheit. According to findings recently published in the journal Nature. About 55 million years ago, there was something called the Paleocene Eocene Thermal Maximum (PETM). In this PETM phenomenon, the entire Earth was heated up by a gigantic release of greenhouse gases, like carbon dioxide. Lovelock has insisted we may see that kind of hot later this century.
Football star Wayne Rooney is the Premier League’s king of cars, owning a host of the world’s most expensive automotive exotica – but he’s struggling to get his hands on a £350,000 Mercedes McLaren SLR Convertible.
So who else has an envious collection?
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While most 22-year-olds are happy with a supermini or hatchback, Wayne Rooney isn’t – but then again most 22-year-olds don’t earn more than £100,000 a WEEK. The Manchester United and England star has a Lamborghini Gallardo, Bentley Continental GT, Range Rover, Aston Martin Vanquish and BMW M6 in his motoring stable. But now Wayne Rooney wants a Mercedes McLaren SLR convertible - with red seats. He’ll need to fork out more than £350,000 for the 207mph Mercedes – and according to press reports, he’s struggling to get his hands on one… Money spent: £750,000 +  
Defensive midfielder Claude Makelele (above) – who cost Chelsea £16 million to buy from Real Madrid – has one of the most expensive motors in the Stamford Bridge car park – a £350,000 Mercedes McLaren SLR. Money spent: £600,000 +  
The man who has helped Liverpool out of so many sticky situations is doing his best to help the UK new car market too. Steven Gerrard – the Champions League-winning attacking midfielder – has owned a Porsche 911 Turbo, Mercedes SLK, Aston Martin Vanquish, BMW X5, Bentley Continental and Range Rover Sport HST.  
The Manchester United and England central defender is as famous for his cars as he is for his hairstyles. Ferdinand loves American motors, and has owned a Cadillac Escalade 4×4 and a Ford F150 pick-up truck.  
Chelsea and England captain John Terry isn’t afraid to splash the cash, once forking out £80,000 on a watch. Money spent: £450,000 +  
A former colleague of Claude Makelele at Chelsea, Arsenal captain William Gallas also counts the Mercedes McLaren SLR hypercar as one of his cars. But unlike Makelele, Gallas also owns a Mercedes ML63 AMG 4×4 – an off-roader which will still accelerate from 0-60mph in five seconds. Frank Lampard  
Chelsea’s high scoring midfielder has a penchant for luxury tourers. Over the past couple of years the England international has had a Ferrari 612 Scaglietti and Aston Martin DB9 parked on the drive of his million pound Surrey home. Money spent: £375,000 +  
 
 
Ronaldo is arguably the world’s best footballer, so fittingly he’s after the world’s ultimate car - the 253mph Bugatti Veyron. Manchester United star Cristiano Ronaldo raced a Veyron in a recent commercial – and has now got his name down on the list for the £830,000 hypercar, but he’ll have to wait a year before he can show up at the training ground in the 1,001bhp. Money spent: £250,000 + (+ £830,000 for the Bugatti) But that’s nothing against a particular England legend plying his trade in Los Angeles…  
David Beckham, Goldenballs himself, has had an almost perfect football career, winning a cluster of trophies with Man United and Real Madrid, while picking up 99 caps for England. And David Beckham’s car collection is just as mind-bogglingly brilliant. His motors include a Ferrari 575, Ferrari F430, Lamborghini Gallardo, two Bentley Arnages, a Porsche 911 Turbo, Rolls-Royce Phantom and the retro Aston Martin V8. Plus he owned an Aston Martin DB7 with the registration plate DB7 – saluting not only the car but also his initials and shirt number at Manchester United. Tally in the BMW M3, Mercedes S Classes, Bentley Continental, TVRs, Audi Q7 and Hummer and it’s a hell of a figure. And Beckham’s Mercedes S500 was for sale on Auto Trader last year. Money spent: £2 million + |
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