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...
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...
How to Find and Play the 10-Baggers Abroad - Part 1
What were the oil stocks that made me the biggest profits in 2010?
It was junior oil stocks with international plays. Companies like Xcite Energy (XEL-TSXv) that went from 62 cents to $6 last year with a heavy oil play...
Falcon Oil and Gas is in a “Catch-22” situation in Australia. In fact, you could argue that natural gas consumers down the entire east side of the country is in the same “Catch-22”.
A “Catch-22”—the name of the famous 1961 book by Joseph Heller—is “a dilemma or difficult circumstance from...
The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade—fast-rising shale oil supplies from North Dakota and Texas.
(Other shale oil plays will contribute as well, but none will come close to the revolution happening in...
The oil market is greatly underestimating what has just happened.
The Green Light for oil profits was turned on yesterday by US President Trump. I’m going to take advantage of it…. will you?
Back during his Presidential campaign, Donald Trump repeatedly referred to the 2015 Iran Nuclear Deal (The Joint Comprehensive...
Will Occidental Petroleum’s $2 Billion Permian Be Any Better Than The Company’s Disaster In The Bakken?
Occidental Petroleum (OXY-NYSE) just paid the highest price per acre in Permian Basin history at $50,000 per acre to get into that play—and that’s after backing out production.
Shareholders had better hope that turns out...
Half the oil price but 4x the free cash flow! Sounds like a pitch from Barnum & Bailey's circus, doesn't it--Step right up folks and see it with your own eyes!
I'm going to show this magic trick--starting with the chart below. In 2017 at $50 oil, Vermilion Energy (VET-TSX/NYSE)...