Tag: Duvernay
Chevron to develop Duvernay, calls it one of most prospective plays in North America
“Duvernay formation one of most prospective liquids-rich shale plays in North America” Chevron Canada Limited announced it’s moving into development on a portion of its leaseholdings in the Kaybob Duvernay area of west-central Alberta, according to a press release. The decision follows a successful three-year appraisal program by Chevron. It’s anticipated the initial development program will comprise […]
Encana gungho for Texas shale oil
Encana says Texas shale oil assets performing better than when they were purchased The drastic drop in crude prices has not soured Encana Corp. on a pair of multibillion-dollar purchases it made last year to gain a foothold in Texas shale oil, CEO Doug Suttles toldshareholders last week. At Encana’s annual general meeting, investors questioned […]
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