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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA

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From: jrhana	9/1/2009 3:38:42 PM
	1 Recommendation Read Replies (1) of 6160

Large gas resource seen in Quebec's Utica shale ogj.com Sep 1, 2009 By OGJ editors HOUSTON, Sept. 1 -- Consulting engineers estimated a prospective resource of 4.28 tcf of natural gas in place in the Ordovician Utica shale in the deep fairway of Quebec’s St. Lawrence Lowlands. The estimate of 150 bcf/sq mile is 66% higher than earlier industry figures, said Questerre Energy Corp., Calgary. The range of the resource is 2.2-8 tcf. The estimates relate only to company lands that have geology validated by successful wells, Questerre said. “The evaluation is focused on the acreage between the two main geological features, the Yamaska growth fault and Logan’s Line, where Questerre holds approximately 833,000 gross acres in the deep fairway,” the company said. The assessment does not include the shallower Ordovician Lorraine interval but did include results from the recently completed, Talisman Energy Inc.-operated Edouard-1 exploratory well (OGJ Online, Aug. 31, 2009).

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