A new study identifies immense oil and gas resources - 3,324MMcf of natural gas, 58.6B barrels...

|By:, SA News Editor

A new study identifies immense oil and gas resources - 3,324MMcf of natural gas, 58.6B barrels of gas liquids and 423.6B barrels of oil - in Alberta's emerging shale prospects, suggesting a string of recent takeovers and land buys will yield impressive production gains for major oil companies including Encana (ECA), Chevron (CVX) and Talisman (TLM).