One of the Largest North American Oil Discoveries in Decades What has the oil and gas industry so excited about the Alberta Bakken – the stealth play of the year? Some big companies on both sides of the 49th parallel have spent millions buying thousands of acres of land – with...
  By Bill Powers Which natural gas producers will make it through this winter of low prices?  I’ll tell you one that I think will survive….but first I’ll tell you one today that probably will not. Natural gas prices on the NYMEX dipped below $2/mmBTU in December 2015 for just the second...
One of the (most profitable) things I do for subscribers is stay on top of all the new shale plays popping up all over the world. While shale oil and gas are widespread in North America, the global shale revolution is just starting — but is sure to continue for...
The Saudis want control of the oil market back, and they are lowering prices to weed out the high cost producers. But I found a western producer with even lower costs per barrel than the Saudis. That’s right—someone who beat them at their own game.  Just like the Saudis, this company...
Editor's Note:  In 2010, offshore drilling stocks got crushed. A lot of that had to do with the Deepwater Horizon oil spill.  But that tragedy also opened the door for investors to buy into big names like Transocean -- at a major discount -- which would later offer opportunities...
I have been actively buying and selling in the portfolio last week, and informing subscribers of new investment ideas has kept me away from the blog more than usual.  But a chart I follow caught my attention this weekend and I think it could help investors determine the next...
by +Keith Schaefer Last week I looked at breaking developments that suggest the Duvernay shale may be the most profitable play in Canadian history. Consider just two points on the play—hot off the press at a tight-knit gathering of Duvernay insiders put on by TD Securities in Toronto a few weeks ago: Well...
Crescent Point’s Torquay Discovery Reignites Southeast Saskatchewan Just when you thought The Bakken couldn’t get any better—it does. Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months. This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates...