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 ...
The Bakken Formation is a large unconventional resource found throughout central Williston Basin (Saskatchewan, Manitoba, Montana and North Dakota). The shales that comprise the upper and lower members of the Bakken are world class source rocks with a total thickness generally between 30-40m. The USGS (U.S. Geological Survey) 2008 estimate ...
Investing in drilling and energy services companies is a great way to expose a portfolio to the energy sector. It provides your portfolio with a broad exposure to the oil and gas commodity sector minus the risk producers and explorers have to deal with. Emerging North American oil resource plays ...
Canadian energy trusts took a hit back in 2006 when the Canadian government decided to effectively end the tax benefits of the income trust structure for most trusts (REITs were spared). However, in 2011, a new version of this old investment vehicle emerged. These new energy income trusts are created ...
The beauty of exchange traded funds (ETFs) is that they trade like regular stocks when it comes to transactions. However, their added value is in giving you exposure to a board set of securities in a sector or a subsector with only 1 purchase. Investors use ETFs as portfolio building ...
Canadian heavy oil production is centered in the greater Lloyminster region covering both sides of the Alberta-Saskatchewan border where companies enjoy year round access. Heavy oil is extracted from multiple-zone formations at shallow drill depth of 400-700 meters. To date, only 6.5% has been recovered from the 32 billion barrels ...
We are looking for Canadian dividend paying oil and gas intermediate exploration and production companies. Canada produces more than 3 million barrels of oil per day of which the majority is exported to the US. Thanks to the Western Canadian Sedimentary Basin’s favorable geological characteristics, Canada is uniquely positioned to ...
The Slave Point formation is a layer of sedimentary rock composed primarily of oil bearing carbonate minerals: mostly limestone and dolostone having low permeability (the capacity of a rock or sediment to move water or other fluids through its pore space.)
In the Greater Red Earth area of north central Alberta, ...
The Cardium formation has billions of barrels of recoverable oil and is considered a repeatable, low risk light oil play. This article will provide an overview on 5 Canadian oil stocks that are well positioned in Alberta’s Cardium oil resource play. These 5 junior oil producers have an extensive drilling ...
The Viking oil resource play is an established light oil conventional play which is only second to the Cardium oil play when it comes to original oil in place (OOIP). The Viking oil play has already been delineated with vertical drilling in WC Saskatchewan as it has been known since ...
Canadian energy infrastructure companies provide a range of gathering, transportation, processing, fractionation, storage and marketing services to the oil and gas industry. In general they are not engaged in exploration and production, they earn fees for the services they provide without taking ownership of the physical commodities they transport and ...
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 Bakken Formation is a large unconventional resource found throughout central Williston Basin (Saskatchewan, Manitoba, Montana and North Dakota). The shales that comprise the upper and lower members of the Bakken are world class source rocks with a total thickness generally between 30-40m. The USGS (U.S. Geological Survey) 2008 estimate for technically recoverable reserves in the Bakken stands at 4.3 billion barrels, a figure expected to be reviewed higher. Some companies are estimating about 10 billion barrels in recoverable reserves!
Investing in drilling and energy services companies is a great way to expose a portfolio to the energy sector. It provides your portfolio with a broad exposure to the oil and gas commodity sector minus the risk producers and explorers have to deal with. Emerging North American oil resource plays are fueling the industry momentum on the back of strong oil prices. A momentum that will potentially carry over into 2012 as the focus shifts away from dry gas into liquids in the US . . . → continue reading: Canadian Dividend Stocks: Drilling Companies & Energy Services
Oil stocks are almost certainly among the less risky commodities-stock sector today. Payday loans and cash advances are also less risky if you use them wisely.
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