Tight

The ability to convert shale and tight sands formations into affordable natural gas and oil is “the game changer” for the United States “because it changes the most important game in the world, the game of war,” according to global intelligence expert George Friedman.

Converting shale and tight sands formations into affordable natural gas and oil reserves have become the true “game changer” for the United States “because it changes the most important game in the world, the game of war,” according to global intelligence expert George Friedman.

The ability to convert shale and tight sands formations into affordable natural gas and oil is “the game changer” for the United States “because it changes the most important game in the world, the game of war,” global intelligence expert George Friedman said last Wednesday.

With the clock running out on an A45 cents/share takeover offer from Aurora Oil & Gas Ltd., directors of Eureka Energy, are being coy, advising investors to sit tight until its June 15 expiration “as there is the potential for important developments.” Indeed, it was reported that privately held Lonestar Resources Inc. had made a competing offer that would be considered over the weekend.

A “golden age” is on the horizon for natural gas across the globe, but only if the world’s unconventional resources, including shale, tight gas and coalbed methane, are developed profitably and in an environmentally acceptable manner, the International Energy Agency (IEA) said in a sweeping report on Tuesday.

The Canadian government promised Thursday to speed up the country’s notoriously slow environmental approval process by setting tight deadlines for regulatory agencies, reducing overlap with provincial reviews, improving Aboriginal consultations and making protests potentially tougher to mount.

The Canadian government promised Thursday to speed up the country’s notoriously slow environmental approval process by setting tight deadlines for regulatory agencies, reducing overlap with provincial reviews, improving Aboriginal consultations and making protests potentially tougher to mount.

Robust output from the nation’s shale plays and relatively mild winter weather continue to force analysts to trim their natural gas price forecasts, with Bentek Energy LLC on Tuesday saying it expects the market to set a new price floor of $1.94/Mcf this September.

The Canadian Association of Petroleum Producers (CAPP) on Monday published hydraulic fracturing (fracking) operating practices for shale and tight natural gas development to improve water management, as well as water and fluids reporting, across the country.