We’ve seen in the first parts of this series there’s a revolution underway in offshore oil drilling.
Techniques like directional drilling and multi-stage fracking—perfected as part of the onshore shale revolution—are yielding some of the highest returns on capital anywhere in the world.
That’s because of new technologies like “logging-while-drilling” applications....
Analysis on Petrolia, Corridor Resources, and Shoal Point Energy
Dear OGIB Reader,
When I say “Atlantic Canada,” I bet that shale oil is not the first thing that comes to mind.
But as the global shale revolution continues in the energy patch, prospective shale targets – once written off as a waste of...
Daylight Energy Trust (DAY.UN-TSX) bought Highpine Oil and Gas (HPX-TSX) on Sunday, August 23rd for $7/share in stock and cash.
Daylight, like most Canadian trusts, is natural gas weighted and has debt. When your production is 72% natural gas, as Daylight was, you cannot afford to have 72% of your...
By Brian Hoffman, CA, CPA
Oil prices have made a big move up since March with the recent move to almost US$73 per barrel retracing over a third of the drop from the US$147 peak last summer to the low of almost $US30 earlier this year.
Retracements during market rallies generally...
THE MACRO DILEMMA - PART 2
By Cory Mitchell, CMT
Part 1 suggested the macro force of “peak oil” which will constrain global oil supplies, will push the price of oil higher. Yet if peak oil occurs, it implies peak debt and GDP.
Without GDP growth, a stagnant economy implies...
Psychology has changed in oil stocks. Huge cash inflows are returning to the sector. And that means one very large group of oil stocks is poised to win significant gains.
It’s NOT the leaders—the very best companies. They didn’t dip as much in December-January, and they have already run. The Early...
Environmental concerns about hydraulic fracturing are impacting shale oil and gas exploration all over the world—Canada, the United States, New Zealand—but none as much as France.
One year ago, the Paris Basin in northern France was one of the top international shale oil plays in the world. And just like...