Canadian brokerage firm Canaccord Genuity announced on October 6 that it was reiterating its BUY recommendation and and target share price of C$2.75 for junior oil and gas company Compass Petroleum Ltd. (CPO:TSXV).

The Eagle Ford play in southeast Texas presents local refineries with the opportunity to get crude oil at lower costs than using imported oil.

The Eagle Ford play in southeast Texas presents local refineries with the opportunity to get crude oil at lower costs than using imported oil.

Canadian brokerage firm Canaccord Genuity announced on October 6 that it was reiterating its SPECULATIVE BUY rating for junior oil and gas company Hyperion Exploration (HYX:TSXV) and increasing its target share price to C$2.25.

Ohio state geologists estimate the size of the Utica shale in just their state could be one third of Alaska’s Prudhoe Bay, one of the largest domestic oil supplies in the last 40 years.

Local water districts in Texas are restricting the use of water for exploration and production companies that engage in hydraulic fracturing or "fracking."

Wunderlich Securities revised its estimates for Master Limited Partnership (MLP) Spectra Energy Partners, LP (SEP:NYSE) on October 5.

The Utica Shale is generating increasing activity from exploration and production firms and is grabbing significant attention in the media.