Investing in Condensate, Part I explained what this hot new commodity is; Part II outlined the bullish case for Canadian condensate demand, and in this third and final article on condensate, I review American efforts to move their glut of condensate north.
Condensate is making uneconomic gas wells profitable for producers in the...
If Natgas Production is Falling, Why Aren’t Natgas Stocks Rising?
Has U.S. shale gas production finally stopped growing? According to the EIA’s August Monthly Drilling Productivity Reports (DPR) the answer is yes—even the monster Marcellus play in Pennslvania is rolling over in production--and that should be bullish for natgas stocks...
by Shaun Polczer
Smart money isn’t making big investments in natural gas. It’s making HUGE investments.
One of the industry's most fiscally conservative -- and notoriously cheap -- operators, CNRL (CNQ-NYSE/TSX; $36) reportedly bought Devon Canada’s entire conventional oil and gas—but mainly gas—assets for $3.1 billion; reportedly sight unseen. It didn't even wait...
When I first started the newsletter in January, one of my best stockbroker friends asked me - where do you think the price of oil is going to be at Christmas 2009? I said US$65 or $75. Wow that's high, he said, compared to all other analysts.
But research analysts...
Financial services provider Dundee Securities recently announced that it is reiterating its BUY rating and C$9.25 target price Whitecap Resources (WCP:TSX) in part due to its strong position in the Pembina play.
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...
Iran has been very vocal about ramping up oil production by one million barrels a day. That’s a real threat to a global market already oversupplied.
The Iranians are also talking a big game about increasing natural gas production.
In two years Iran believes that it will take natural gas production...
Russia is not known as an environmentally conscious country but that hasn't stopped the world's largest producer of natural gas from claiming that exploiting shale gas comes with high environmental risks.
