Shale producer Ovintiv said on Thursday it was acquiring oil assets from Paramount Resources for $2.38 billion in cash, expanding its presence in Canada's Montney shale play.

Montney contains almost 29 billion barrels of natural gas liquids and over 136 billion barrels of oil. Liquids-rich Middle Montney is where the real action is. Enough shale gas to supply Canada's ...

The Montney gas play in western Canada is one of the world's most significant resource plays. ... By reviewing maps in presentations, investors can expand their list. Reply. Like (4) ...

By bne IntelliNews Canada’s ARC Resources announced on July 2 that it had completed its acquisition of condensate-rich Montney shale assets in the Kakwa region of Alberta from Strathcona Resources.

The 449 tcb estimate would be enough natural gas to supply Canada’s needs for the next 145 years, placing the Montney basin among the top natural gas basins in the world, behind Qatar in the ...

Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln By Sourasis Bose and Nia Williams November 6, 2023 11:51 PM UTC Updated November 6, 2023 ...

The all-stock deal is worth about C$1.1 billion ($910 million). (Bloomberg) -- Tourmaline Oil Corp. agreed to acquire rival Black Swan Energy Ltd. for about C$1.1 billion ($910 million) as Canada ...

AltaGas, Calgary, has let a contract to IMV Projects, a Wood Group company also based in Calgary, for the engineering, procurement, and construction management for the $235 million ...

And the end of the day, the amount of shale gas under Montney’s surface would be enough to supply Canada’s needs for 145 years, making it one of the top basins in the world, outdone only by Qatar.

This article was written by Oilprice.com , the leading provider of energy news in the world. Also check out these related articles: In the.

In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real ...

The Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real treasure within this giant has big and small players alike ...