Apache Corp Make the World's Largest Shale Gas Discovery in British Columbia
American
oil and gas prospector Apache Corp stunned natural gas investors
Thursday June 14, 2012 with a natural gas discovery announcement, the
main point of which is, “ . . . . in terms of just resource, with the 1
well we drilled horizontal, we put 6 fracs on it. It’s going to go to 18
Bcf of gas, came on at 22 million a day, a tremendous resource.”That’s
22 million cubic feet a day, an estimate of 18 billion cubic feet from
the well in its primary production. One well, only one, in a shale
formation. For investors…Read more...
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