BHP Billiton
(ASX:BHP) is poised to take land positions in Australia’s growing shale gas industry.
In an interview BHP's petroleum chief Michael Yeager indicated for the first time that the global miner is preparing to develop of presence.
Mr Yeager also hinted that BHP sees potential in Europe,.
The expected move follows the miner’s largely successful US shale market push in 2011.
BHP Billiton last reported a net profit of $4.14 billion for the first half.
