junior oil stocks Archives - Canadian Oil Stocks

Junior Oil Stocks in the Peace River Arch Area

May 31, 2012 via CanadianOil Tagged With: junior oil stocks, peace river arch, peace river arch area, peace river arch producers

The Peace River Arch area is located in Northern Alberta adjacent to the British Columbia border. It enjoys an impressive geologic diversity rewarding energy companies with prolific oil and natural gas production. It is one of the most desirable light oil and natural gas liquids drilling areas in North America due to long reserve lives and wells that can produce for up to 15 to 20 years.

The area is highly competitive and is dominated by key players including Birchcliff Energy Ltd., Crescent Point Energy Corp., Canadian Natural Resources Limited and Shell Canada among others. Production is established from various … Continue Reading

Canadian Oil Stocks: 3 Bakken Oil Companies

November 22, 2011 via CanadianOil Tagged With: bakken oil, bakken oil companies, bakken oil field companies, bakken oil producers, bakken oil shale, Bakken oil stocks, Canadian small cap oil stocks, junior oil stocks

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!

Bakken oil companies are targeting light-sweet crude oil trapped within shale rock 10,000 feet below the surface. Bakken wells generally … Continue Reading