Monday, May 30, 2011

Shale to the rescue?

I'm always in the market for some good news, maybe this is it.

Great Bear Petroleum is on the hunt for oil and natural gas liquids in Alaskan shale deposits. (Graphic - Map of Great Bear lease, from the AOGA website)

This isn't new news (Alaska Dispatch and Petroleum News ran the story back in March) but the irony just sunk in. With all the hub hub going on in the Eagle Ford shale what if Alaskan Shale was the next big thing? I like ideas that have the potential to help two Alaska pipelines - TAPS and the gas line.

Good luck Great Bear - provide some updates when you get a chance.

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