OTCPK:ARNBF - Post by User
Post by
prospect_93on May 28, 2010 1:01am
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Post# 17139078
Another play on the horizon
Another play on the horizonHas anyone heared of the Nordegg formation? Anglo Canadian Oil Corp sure has(ACG). Some board members have mentioned that they cannot find another high potential oil play. It's worth checking this out. It is speculative at this point, but the prize could be huge.
Here is a quote from a paper that I read about the Nordegg with reference:
"Others (Brooks, Fowler, Macqueen, Riediger, Snowdon) note a lack of similarity between biomarker characteristics of the "Nordegg" extracts and the Lower Cretaceous deposits (e.g., Fowler et al., 1989; Riediger et al., 1989, 1990b), and instead suggest that the bulk of the oil generated by the "Nordegg" was not expelled. Thus the "Nordegg" could be a possible target for fractured shale exploration, similar to the Bakken Formation in the Williston Basin".
https://www.ags.gov.ab.ca/publications/wcsb_atlas/A_CH31/CH_31.html
If you have time check it out. This could be the next big resource play unlocked by horizontal drilling. It's nice to get in early. Pick your spot. No rush.
GLTA and hold your ARN.