Must be a slow news week, that seems like a non-story to me.
That being said, most companies are now exploring shale gas both here in Alberta and Northern BC, it is simply a matter of companies getting with the times and utilizing new exploration and completions technologies. It will mean less work for a lot of rig hands but at this point most everybody in the patch should know that it is a continual boom and bust cycle.
Without disclosing too much information, I can say that the privately owned natural gas company that I work for has been approved to drill 50 wells in the new year, and pending the price of natural gas could expand that forecast to 250 - 300 wells. So there is some hope out there for the future.
Last edited by Janitor Pants; 12-20-2009 at 09:30 PM.
Reason: typo
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