Zeke Zeringue is a man with a plan. But the new CEO of Calgary based GasFrac (GFS-TSX) says shareholders need to understand it’s a long-term plan.
Zeringue took over as CEO of GasFrac in October 2011, 14 months after it went public on the Toronto Stock Exchange.
GasFrac is unique in...
Canadian natural gas producers are hoping to spend a minimum $20 billion on shipping Liquid Natural Gas (LNG) to Asia in the next 2-9 years. The size of the prize is huge—spot natural gas in Japan can be as high as $17/mcf—more than 10x Canada’s spot price of $1.50...
Part 2: The Permian Basin - Cline Shale Resource Play
In Part 1, I explained how the Permian Basin in Texas was exploding with industry and investor interest—because of all the new tight oil plays being discovered and developed.
And that has me excited about the prospects for one Canadian junior—though...
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...
Intermediate natural gas weighted stocks in Canada are valued higher—sometimes a LOT higher—than oil stocks, despite oil being worth 35 times more than gas.
And that could mean significant price weakness for already battered natural gas stocks, says Haywood Securities analyst Alan Knowles.
“People think (the stocks of) gas companies have...
Where will the wealth created by the fast growing Liquid Natural Gas (LNG) market be concentrated in the coming years?
In a word--Australia. It's the #4 exporter of LNG in the world already, and seven new plants are in various stages of planning and development, which would require $200 billion...
Editor's Note: Everyone, it seems, is talking about the Keystone pipeline. Recently I wrote a story on a mostly unexplored topic in the U.S gas price debate – a problem that could soon affect oil refineries and the price consumers pay for gas on America's east and west coasts....
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...
