Alberta’s Oil Sands Receive a Potential Boost
Canada is already the largest single exporter of oil and natural gas to the U.S., and Alberta's oil sands are the biggest single source of oil for the U.S.
Articles Tagged "alberta"
Increased Gas Opportunities for Western Canada
According to an article on Wednesday in The Globe and Mail, the utilization of hydraulic fracturing technology in some of Canada’s previous gas and oil fields has the energy industry poised to produce as many as 15 billion barrels it never expected to extract.
Alberta Gas Fields on Sale
Suncor Energy Inc, Canada's largest energy company, has just announced that it has agreed to a transaction with Direct Energy to sell natural gas assets for about $358.5 million. The deal comes as part of Suncor’s strategic business alignment and ongoing plans to divest of a number of non-core assets totaling $2.8 billion.
Natural Gas Takes Have-Not Status in Alberta
The contrast between haves and have-nots in the Alberta oilpatch has seldom been so stark. For full story, click here
Canadian Natural declared Profit on Alberta Oil Sands
Canadian Natural, the nation’s second-leading natural-gas producer, declared a second- quarter profit after production commenced at its Horizon oil-sands project in northeastern Alberta and raised its output forecast. For full story, click here
South Parse:Warning signs
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Upgrader:Harper’s gambit
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
Upgrader: elections special
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Canada: Upgrader is going up later than usual this week because of the Canadian Federal Election and the American Presidential debate. Now that these two events are a matter of record, there is much good news for the heavy oil and oil sands industries. First, the Canadian [...]
Unbridled Energy – New Technology for More Gas
Unbridled Energy is an independent natural gas evaluation and production company specializing in shale gas and tight gas sands (“TGS”) opportunities in two main basins within North America; the eastern US Appalachian Basin and the Western Canadian Sedimentary Basin. The Company is applying a lower risk production enhancement strategy on existing wells, and the latest horizontal drilling and fracing technologies on new wells in these well known shale gas and TGS formations.
