Devon Shire
Long only, newsletter provider, oil & gas, small-cap

Advantage Oil And Gas - Seems Destined To Be Acquired In The LNG Consolidation Wave

With the Canadian Government approving the Petronas takeover of Canadian natural gas producer Progress Energy (PGN), the race is officially on for companies to secure Montney natural gas resources.

The race is going to be between the companies listed below, which will be building LNG export terminals. These terminals are aimed at taking advantage of the low price of natural gas in Canada by exporting it into higher Asian prices.

(click to enlarge)

If all of these LNG terminals are built, the amount of natural gas they will require on a daily basis is enormous. The 5.7 bcf per day listed above is a large number when you consider that Canadian natural gas production per day in total today is ...

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