California's Monterey Shale Offers Big Rewards, but Bigger Risks, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Oct 8, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Oil producers, and the companies that provide services to them, are well-acquainted with the risk-reward spectrum: projects with potentially small rewards carry small risks, while projects with bigger potential rewards carry bigger risks. That's probably why oil & gas producers aren't charging en masse into California to develop the Monterey Shale.
Other companies featured: Occidental Petroleum Company (NYSE:OXY), Freeport-McMoRan Copper & Gold (NYSE:FCX), National Fuel Gas Company (NYSE:NFG)
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