UPSC Prelims 2014 Geography

With reference to two non-conventional energy sources called ‘coal bed methane’ and ‘shale gas’, consider the following statements:
1. Coal bed methane is the pure methane gas extracted from coal seams, while shale gas is a mixture of propane and butane only that can be extracted from fine-grained sedimentary rocks.
2. In India abundant coal bed methane sources exist, but so far no shale gas sources have been found.

Which of the statements given above is/are correct?