10x Bigger than the Bakken The Paris Basin shale oil play in France has the potential to be ten times the size of the Bakken play in North America, and some high profile exploration is beginning soon. Estimates range from just a few to many tens of billions of barrels of...
Could low natural gas prices be setting up a new profit opportunity in Canada? Canadian brokerage firm GMP Securities says low prices could be the catalyst for a wave of mergers and acquisitions in the Canadian oilpatch. In a September 7 report, GMP likens the current pricing environment to 1998-2001, when...