With two recently proven formations in the Upper and Middle depths, the Montney potentially has 200m of charged pay, and enough money flowing in to get those hydrocarbons out.
Major oil and gas companies are always on the lookout for the next giant oil and gas discovery. A new airborne technology used by Pemex could possibly identify huge oil resources from the sky.
With a recent re-evaluation of its reserves on its Kenyan Block2B that added over a billion barrels, Taipan Resources and its cashed-up partners are in big game country now.
The arrival of Cardinal Energy into the Southern Alberta oil scene may have changed the long term projections for juniors in the area, including Hemisphere Energy.
Juniors today face an uphill challenge when it comes to find capital. Taking on debt, or diluting shares through equity financing each have their risks associated. In today's market juniors must Deliver or Die.
Oily and over-pressured, the new Tuscaloosa Marine Shale (TMS) in Louisiana has oil bursting to get out with potentially great flow rates to get the Market excited.
Petrobras and Brasilia want joint ventures, but their stringent terms are currently turning off global oil majors, used to exploiting the developing world on their own terms.
OilPrice.com interviews author Tyler Cowen in an informative Q&A about the nature of the shale boom, and where North America is going in terms of energy dependance.
Kenya’s oil and gas explorers are gearing up for a flurry of activity over the next 6 months. Several catalysts could set off a sea change in the Anza Basin.