Napoleon is credited with the saying—I would rather have my generals be lucky than good. And that’s a good saying for Yangarra Resources (YGR-TSX), as they discovered how prolific the Lower Cardium, or  “Bioturbated Zone" is in Alberta's massive Cardium formation--all by accident. They were drilling in the main Cardium zone above--which...

Editor Keith Schaefer reviews America's increasing oil production, including the unconventional oil plays that have emerged across the U.S., thanks to the "Shale Revolution."

Is the energy sector under-reporting oil demand?  Some recent research suggests that's possible—potentially by a lot—as in 1.2 million barrels of oil per day (bopd). For oil bulls, that's not enough right now to sway oil prices.  But it could mean the market is tighter than everyone thinks. And that wouldn’t...

Crocotta Energy Inc. (CTA:TSX) recently released 3Q11 results which indicated the oil and gas company generated cash flow per fully-diluted share of C$0.11 and production of 4,002 barrels of oil equivalent per day.

A recent ruling on the Marcellus shale could bring the legality of thousands of oil leases into question.

If you were on the hunt for the next big horizontal oil play in the U.S., where would you be inclined to look? Texas?  That makes sense; Texas is the top oil producing state in the country. California?  That also makes sense, California has been a top oil producing state for...

If you are looking for a reason to get bullish on future oil prices look no further. The chart below is one of the most bullish charts in the energy patch today. This chart tells us two critical things. First, it tells us that the horizontal oil boom is due almost...

A recent report from the Casper Star-Tribune reveals that oil and gas industry insiders believe that while development of the Niobrara shale formation is proceeding slowly, the region presents a number of strong opportunities.