Canada’s Forgotten Shale Gas Play Reemerges as Oil Hot Spot
Macro·1 article across 1 outlet
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On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drilling for oil.
This resurgence highlights a shift in focus from gas to oil in the region, indicating a potential transformation in the energy landscape.
Obsidian EnergyYangarra Resources
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“On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drilling for oil.”
Bloomberg — Canada’s Forgotten Shale Gas Play Reemerges as Oil Hot Spot