Norm Lamarche is bullish on everything to do with natural gas.
That is - everything except the producers of it.
"The real opportunity here is clearly for the consumers of natural gas in North America," says Investment Executive's 2009 Fund Manager of the Year, and a principal at Front Street Capital...
Oil companies drilling in the Marcellus shale have voiced their opinion that the new national standards the U.S. Environmental Protection Agency (EPA) plans to create will not have much impact.
Kitimat LNG partners, Encana Corporation, Apache Canada Ltd. and EOG Resources Canada Inc. announced in a statement released October 13 that the National Energy Board (NEB) has provided Kitimat LNG with a 20-year export license that allows it to export liquid natural gas (LNG) from Canada.
Activity related to the Tyler Formation is spilling from North Dakota to South Dakota, amid industry speculation that the play could contain significant crude reserves.
The horizontal wells drilled by junior oil and gas company RMP Energy (RMP:TSX) in the Montney formation indicated test rates of 1,863 barrels of oil equivalent per day (boe/d), 1,413 boe/d and 434 boe/d.
A recent U.S. Energy Information Administration (EIA) report predicts that heating oil prices in the Northeast will increase to record levels this winter.
The cost involved in drilling a well in the Eagle Ford shale has soared from approximately $5.3 million to as much as $10 million, according to an expert in exploration and production.
A ConocoPhillips official stated on October 12 that the recently discovered abundance of shale gas in the country has produced a false perception of significant oversupplies.
