The Duvernay Shale In Canada -- A Huge New Field

Updates

November 29, 2012: Athabasca Oil Corp reports strong Dubernay results, Oil & Gas Journal.  

Original Post

This is quite exciting for me.

If you haven't read the note I posted yesterday regarding natural gas liquids sent in by "anon 1," you really need to read that, especially investors (unless you already understand this stuff; I didn't until yesterday).

Because of that info from "anon 1," the article about the Duvernay shale made complete sense.

At the linked article: But it’s deep, and expensive to drill. The Duvernay needs very good to great results to be economic. That means liquid rich gas with at least 60 barrels of condensate per million cubic feet of gas—if not 90. (Condensate is more like a light oil that gets better than oil pricing.)

The purpose of reading the linked article about the Duvernay is not to learn about the Duvernay, but to understand better the "richness" of the Bakken.