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Juniors stand to gain from Utica Shale play
Posted on April 21, 2008
So who exactly stands to gain from the potentially massive Utica Shale natural gas play in Quebec? That's the 64,000 question, says Wellington West analyst Kim Page of the resource play that, over the past few weeks, has gained considerable credibility thanks to favourable drilling results from Denver-based large cap producer, Forest Oil Corp. The Utica Shale gas play in Quebec has the potential to be a massive new natural gas resource for an increasingly energy starved North American market place, Mr. Page said in a strategy note to clients.Industry estimates regarding the play, which co...
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