North America's Hottest Oil Play Just Got Bigger The Bakken oil play is already one of the largest onshore oil discoveries in North America in decades. But producers in both Canada and the US are still pushing out the “generally accepted” boundaries of the play – mostly to the west, into...
10x Bigger than the Bakken The Paris Basin shale oil play in France has the potential to be ten times the size of the Bakken play in North America, and some high profile exploration is beginning soon. Estimates range from just a few to many tens of billions of barrels of...
Could low natural gas prices be setting up a new profit opportunity in Canada? Canadian brokerage firm GMP Securities says low prices could be the catalyst for a wave of mergers and acquisitions in the Canadian oilpatch. In a September 7 report, GMP likens the current pricing environment to 1998-2001, when...
Or did investors come to believe that the natural gas price is a runaway train on a dead end track? Despite a natural gas injection this week (52 bcf) that was smaller than forecast, and quite a bit less last year's 88 bcf injection (and less than 5 year average injection...
Tweeting on Twitter.com I had a Eureka! moment this week.  My marketing team and several web-savvy friends said I should be "tweeting", or posting comments to www.twitter.com. I still don't understand Twitter.com, but I did find a use for it which all readers should know about.  When I'm doing my reading and...
http://www.bclocalnews.com/news/40055513.html
The global energy industry has been finding much more natural gas than oil since 1980.  If you are willing to believe "official" stats from anyone, it would be the Energy Information Agency (EIA) in the US. They recently published two excel spread sheets showing the growth in oil reserves...
Two public companies drilling in the Montney Formation of North East British Columbia and across the border into Alberta have just announced very large discoveries - more than 20 times the average production from wells in Western Canada. Both discoveries used horizontal drilling (HD). Breaker Energy (WAV-TSX) and Fairborne Energy...