Can the Bakken produce one million barrels a day of oil?
If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America.
This is a moving target, and it’s going lower all the time.
And I’m going to tell you The Next Phase of increasing...
Dear OGIB Reader,
The cheapest and most profitable oil North America has ever seen is now “flooding” into the market, as producers once again use old technology to create a wave of new profits.
Producers are using “waterfloods”—pushing water into underground formations to flush a large amount of oil out to...
Last week we brought to your attention a world-class emerging shale play happening in Argentina's Neuquén Basin.
The potential here for unconventional oil & gas development is enormous by any measure. A number of companies are well positioned to grow and prosper, including a few junior companies with significant land...
The Cline Shale in Texas is one of the hottest new shale plays in the USA. Devon Energy (DVN-NYSE) is suggesting it’s a huge play, pervasive over a very large area on the eastern shelf of the Permian Basin.
In fact, the Permian is bursting with new resource plays—what’s old...
It's strange but true – some of the best performing energy stocks in Canada have been the junior GAS stocks.
And there is also an argument that the future may be brighter than previously thought for a select few gas stocks.
All these stocks have three things in common:
1. They have...
By Dave Blais
Despite the recent bounce back in the precious metals sector in the past several days, I am electing to remain in an all-cash position, on the sidelines. As readers of my blog know, I sold all my gold and silver stocks before Christmas.
The reason for my stance...
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...
