Canadian Oil Companies Riding The Boom in New Zealand

new zealand taranaki basin east coast basin

The kiwi oil and gas industry is ready for lift off and investors can be part of the action thanks to 2 Canadian oil companies offering a large exposure to massive amounts of oil and gas in high impact conventional basins and in highly prospective multiple shale packages. The beauty about New Zealand is its extensive energy infrastructure, its political stability, its attractive fiscal regime and a unique opportunity to develop world-class hydrocarbon resources in multiple underexplored onshore and offshore sedimentary basins.

New Zealand produces . . . → continue reading: Canadian Oil Companies Riding The Boom in New Zealand

Drilling Down Under: Canadian Oil Companies in Australia

australia georgina basin

There’s more to Australia than Kangaroos and Koalas such as 50 relatively under-explored sedimentary basins. Of those, only 12 are producing oil and gas while 4 have been confirmed to have non-commercial reserves. The remaining 34 basins have seen very little exploration if any as they have not been drilled to any significant extent.

Australia’s 30 on-shore drilling rigs are dwarfed by a fleet of more than 800 rigs in Canada. The bulk of petroleum spending in OZ is directed offshore leaving only 13% for onshore exploration. . . . → continue reading: Drilling Down Under: Canadian Oil Companies in Australia

Investing in Oil: 3 Canadian Oil Sands Stocks

oil sands map

Canada holds 175 billion barrels of oil in reserves, the third highest right after Saudi Arabia and Venezuela. The Canadian oil sands account for 170 billion barrels of recoverable oil in the oil sands deposits of Northern Alberta. The figure rises to 315 billion barrels of potentially recoverable oil from the oil sands as extraction technologies improve and economic conditions remain robust. According to the International Energy Agency, demand for oil is expected to rise through 2035 fuelled mainly by increasing demand from Asia. Oil will remain . . . → continue reading: Investing in Oil: 3 Canadian Oil Sands Stocks

Canadian Oil Stocks: Top 2 Alberta Bakken Oil Companies

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The Alberta Bakken light oil resource play was on fire in the first half of 2011 where investors bid stocks to new heights. But the market did not have realistic expectations as the play was exploratory in nature and could not be expected to yield initial production rates comparable to North Dakota’s Bakken play. As the first set of results appeared, demoralized investors exited these stocks in droves which fell from a premium valuation to fire sale lows.

The Alberta Bakken is far from dead . . . → continue reading: Canadian Oil Stocks: Top 2 Alberta Bakken Oil Companies