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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: energyplay who wrote (141768)	11/8/2010 11:14:14 PM
From: energyplay	2 Recommendations Read Replies (1) of 206338

Look at what is excluded in this recent article - There will be plenty of gas for the oil sands. montrealgazette.com The excluded plays are: Alberta’s Montney formation; the Devonian shales in Alberta; the Devonian shales in the Mackenzie Valley corridor; the Liard basin, which is west of the prolific Horn River play; the deep thermogenic Colorado group of shales in western Alberta; the St. Lawrence lowlands, save for the part of Quebec’s Utica shale where estimation methodologies could be identified and included; the Central Maritimes basin, located predominately in the Gulf of St. Lawrence and with an onshore component in New Brunswick and the southern tip of Newfoundland; and natural gas hydrates Read more: montrealgazette.com CALGARY -- Canada is sitting on nearly 4,000 trillion cubic feet of natural gas, a dramatic jump from previous estimates thanks to the inclusion of unconventional natural gas estimates, according to a report released Wednesday that for first time measures shale gas and other plays that are difficult to access. The amount of marketable gas — the chunk that can be recovered and sold to the market after impurities are stripped out — hovers between 700 TCF and 1,300 TCF, the Canadian Society for Unconventional Gas said. The country burns through roughly three TCF per year of natural gas, and exports another three TCF per year, according to Kevin Heffernan, one of the report’s authors. At that rate, the low end of the marketable gas estimate — 700 TCF — would meet current domestic consumption and export demand for more than 100 years. Read more: montrealgazette.com

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