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Message: The Utica - An Emerging Canadian Shale Gas Play

The Utica - An Emerging Canadian Shale Gas Play

posted on Feb 22, 2010 02:28AM

There seemed to be too much text on the following link to paste into the forum so I've just added the conclusion. The whole article is worth a read though...

http://www.safehaven.com/article-15443.htm

Conclusion

There is a lot of work being done today, in the Utica, to answer the question - are the all-in costs of drilling, completing and fracing horizontal wells going to be economic/will the upcoming results support further development of this play? If upcoming results indicate robust economics then ladies and gentlemen we just might have one of the largest resource plays in Canada happening in the most perfectly situated place for one to happen.

Quebec's Utica shale gas play should be on investors radar screens for all the right reasons, is it on yours?

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