Wednesday, October 26, 2011
The Cardium is the single largest oil-producing formation in all of Canada (and will be until the Oil Sands are exhausted in 200 years).
In the first half of 2010, the Cardium became a mania… the hottest oil play in Canada.
The oil patch (the oil sector) had just realized that a well known but previously unproductive, tight zone in the Cardium (the “A” Zone) was now economic – thanks to horizontal drilling and multi-stage fracking.
Cardium stocks soared.
But here’s the thing…
Today’s hot new Cardium zone lies just above the old zone. The industry knows exactly where it is (which means zero exploration risk).
And the junior oil & gas companies who’ve held onto – or in many cases acquired – Cardium land positions?
They're now in winning positions, as the value of their assets have catapulted.
And if the “majors” don’t buy them out, the juniors will continue to fine-tune their new drilling and fracking techniques. As a result, they’ll improve production rates on their wells, quarter after quarter.In a rising oil environment, either way could mean major growth for select juniors.
For the individual investor, it is an unprecedented opportunity to capitalize once again on the Cardium formation.
Fact is, the bulk of the Cardium’s oil is “in play.” It’s one of the hottest resource trades going (much like what the Bakken formation has brought investors over the last few years.)
And in my newest report, I'll share the names of the companies (and their ticker symbols) that could prove extremely rewarding over the next 12 months. (I can only make this report available the rest of this month. After that, I’ll be taking it off the Web, and reserving it for my paid-up subscribers.)