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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: johnlw who wrote (14841)3/12/2010 12:07:13 PM
From: Cal Gary  Read Replies (2) | Respond to of 24921
 
You're probably right, the markets did pickup on this late last year.

But there's been only a trickle of horizontal drilling there so far. And the 'new' frac technique was 'perfected' in the Bakkens and possibly the Horn River(I think it may be two different methods. Gotta find out from friends).
If the frac works as well in the Cardium as it is in the Bakkens, then this fairway will light up big for those with land.

I think it was LoneClone posting DEE, and DEE's recent horizontal wells in the Cardium showing great results.

In any event, this helps with picking swing traders and their risk profile.

OT AGU yup I saw that, I thought they just abandoned a takeover. The last time they blew their lid set the stage for a island top and an immediate 10 point drop.