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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Cal Gary who wrote (14843)	3/12/2010 12:32:27 PM
From: johnlw	Read Replies (1) of 24921

Good point about fraccing, top of my head I would think the gas is different from oil. ....The estimates were also based on a narrow definition of what parts of the Cardium can be economically developed. Smaller companies began to drill outside of those zones - in what's called the "halo" - and found oil. "These guys are drilling wells where there wasn't supposed to be development," said Fleury, referring to Result, Berens and West. "These guys are the ones that do things that bigger guys might not want to put capital into. They risk it all every day and our industry benefits from it." google.com Got a map? Where is the halo?

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