Friday 15 June 2012

New Major Shale Gas Discovery in Canada

The  Calgary Herald is reporting today that the Apache Corporation has just discovered a huge shale gas reservoir in northern British Columbia.

"Apache, the second largest U.S. independent oil and natural gas producer by market value, said the tests suggest it has 48 trillion cubic feet of marketable gas within its Liard Basin properties. 

The company is calling it the best and highest quality shale gas reservoir in North America, based on the volume of gas three test wells are producing."
MP: The "shale revolution" is just beginning. 

HT: John Sturges

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