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    market news

    Alberta Shale Prospects Hold Huge Resource Potential

    Investing News Network
    Nov. 08, 2012 09:18AM PST
    Oil and Gas Investing

    The Financial Post reported that a recent study has outlined the tremendous potential resources for oil and gas in Alberta’s shale prospects.

    The Financial Post reported that a recent study has outlined the tremendous potential resources for oil and gas in Alberta’s shale prospects.

    As quoted in the marker report:

    The province’s shale formations, including the Duvernay, Montney and Muskwa, could ultimately contain 3,324 trillion cubic feet of natural gas, 58.6 billion barrels of gas liquids and 423.6 billion barrels of oil, according to the research, conducted by the Alberta Energy Resources Conservation Board and Alberta Geological Survey.

    To view the whole Financial Post report, click here.

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