RE:Duvernay Shale reserve said to be largest in CanadaThis is probably mixed news for shareholders.
Good: implies that BNP will not exhaust its claims any time soon
Bad: plenty of supply in that area from competitors for decades
So BNP's success will continue to be based on how well they balance & execute their financing, exploration, and production activities.
At least until macro factors like growing transportation options or a sudden change in gas-powered generators changes the fundamentals of demand.
rsmerchi wrote: https://ca.reuters.com/article/domesticNews/idCAKCN1C12JI-OCADN