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 [...]
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 tight credit [...]
Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. The National Post has arrived at an interesting bit of statistic from among the reams of gas price data.
A story in this paper said:
The premium being paid for oil over natural gas in the US on an energy equivalent basis has [...]
Falling natural gas prices are a boon to oil sands operators, if the prices remain low in the upcoming months.
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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.
Thursday, November 6, 2008