Right here in America there is a modern day oil & gas boom. Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated/dissolved natural gas, and 148 million barrels of natural gas liquids in the Bakken Shale Formation of the Williston Basin Province, Montana and North Dakota.

Oil And Gas Boom Plays In The USA And Canada

Antrim Shale ANWAR Oil Shale - Austin Chalk - Avalon Shale - Bakken Oil Shale - Barnett Shale- Bone Spring - Bossier Shale - Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale -Collingwood Shale - Cumnock Shale - Duvernay Shale - Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale - Marcellus Shale - Monterey Shale - Montney Shale -Niobrara Shale - Permian Basin - Piceance Basin - Smackover Brown Dense Formation - Spraberry Field - Tuscaloosa Marine Shale - Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale -Oil Sands - China Shale - Mineral Rights - Index of Shale

Friday, June 10, 2011

Another Sundance Beckoning?


For those not afraid of a bit of risk, oil and gas producer and explorer Entek could be right up their alley.
At 15 cents the company has a market cap of almost $80 million and is described by one invested fundie as “a smaller version of Sundance Energy”.
Sundance (ASX: SEA) is a shale oil and gas producer and also has operations in the “Niobrara” shale region in the US. Niobrara refers to a large and very old inland sea that extends from Texas up through Colorado and Wyoming towards Canada.

Even after recent weakness, Sundance's shares have increased five-fold in the past year, but this relates to its activities in the Bakken region located to the east, primarily in North Dakota. This is shale gas technology has been most successful. Niobrara has much potential, but has had little success thus far.

Source: Brisbane Times


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