The first article of the series has introduced the Carbonate Triangle of the renowned Canadian oil sands. The region is the world's third largest oil reserve with its rich carbonate-hosted bitumen deposit located in northern Alberta's deep underground. Precisely, the Carbonate Triangle is situated between three major bitumen areas - Athabasca, Cold Lake and Peace River.
In today's investment guide on the Carbonate Triangle, I will briefly recap the main characteristics of the Cold Lake region to have a better assessment of its potential. Then, I will introduce a small-cap oil producer with a good upside for growth involved in that specific play.
So far, I examined the following producers involved in the Carbonate Triangle. The first area analyzed was...
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