In Part I of this series we learned of some stunning results in an overlooked heavy oil play called the Clearwater, where companies are producing heavy oil without the need for frac stimulation or steam injection, bringing us some much needed uplift in our time of deep morose. Whether it’s the upcoming opening of the Enbridge Line 3 Replacement (Canadian leg) or the early 2020 startup of the Sturgeon Refinery, we must take our good news where it can be found. Something else has emerged, [Read more]
Column: All Is Not Doom And Gloom In The Junior Sector
In an era of big unconventional oil, dominated by large multinationals with deep pockets, it might be surprising to learn of junior companies finding success in overlooked or emerging plays in Alberta. We have been trained to believe it’s all over for hopeful juniors. The data however tells a different story. Surprised? Read on. The Marten Hills Clearwater heavy oil play, northeast of the town of Slave Lake, began seeing a ramp up in production in late 2016. The Lower Cretaceous Clearwater [Read more]