Adamj Gray News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Adamj gray. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Adamj Gray Today - Breaking & Trending Today
), which I think is far more than a simple helium play. It’s got an experienced management team who have already helped discover natural gas in the Montney… producing almost 300,000 boe/d over the past decade and a half as one of the largest discoveries in North America. Now, I think it’s right on target in an exciting new play, where it’s just acquired the license for 6,000 acres from the Government of Alberta. You may want to be a part of what some think is the next commodity supercycle This isn’t about balloons. I fully expect that the helium sector may have even more upside than the first cannabis boom and even the second one that’s looming. ....
) You won’t find this setup often - or possibly ever: A small-cap explorer sitting on a massive Permian basin that has potential for a major onshore conventional oil discovery. And the drill bit just hit the ground in a three-well campaign… Because it’s a small-cap sitting on such a huge basin (8.5 million acres), its stocks are already soaring in anticipation of the first results, which are soon to be released. Drilling started just over a week ago, and already the stock is supercharged, gaining over 100% since January 1st. Onshore, there is almost no oil or gas regions left unexplored on land, except in Africa, which remains underexplored. ....
Here’s what Wood Mackenzie has to say in its latest report: There’s no one more respected in the resource space than Wood Mackenzie. So, when they came out with this report, our excitement level increased exponentially. Wood Mackenzie detailed three world-class similar age basins the Midland Basin in Texas, the Southern North Sea Basin in the Netherlands and the UK, and the Doba Basin in Chad (Africa) and demonstrated how RECO’s Kavango is analogous to all three, but particularly to the giant Midland Basin. The Midland Basin, in the Permian basin of Texas, has been producing oil since the 1930s, and it is the undisputed king of American production. It won’t even hit peak production until 2035 at 3.8 million barrels of oil equivalent per day. And it’s estimated overall development value is $540 billion (in oil only). We are all familiar with Permian Basin as an unconventional resource, but that’s only over the last decade. This basin, like all othe ....
Could This Be The Top Oil Play For 2021? n an age where there’s not much oil left to discover on land and the supermajors have gone out to sea where development takes decades and costs are often prohibitive, there’s nothing more exciting than getting a sneak peek at what could to be one of the last giant onshore oil plays. Africa is the industry’s final frontier, and the final, final frontier is a geological system running from Namibia to Botswana. And while there are a lot of supermajors circulating around this underexplored part of Africa, the last major onshore play is shaping up to be the massive Kavango Basin, where one small junior explorer is shaking up tradition in a supermajor way. ....