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Oil Shale Stock Ideas


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Oil Shale Stock

New Drilling Technologies Boost Shares of Oil Shale Stock

Horizontal drilling technologies have changed the oil exploration and production industry significantly in recent years in the United States and Canada.  Unconventional oil shale deposits that were once locked up thousands of feet below the Earth’s surface can now be recovered to produce saleable crude oil, oil liquid equivalents, and natural gas in abundance.  This has led to the creation and expansion of numerous oil shale exploration and production companies, and subsequently many oil shale stock trading and investing opportunities.  Although the horizontal drilling oil shale boom has been going on for a few years, it is by no way anywhere near being over, as new oil shale fields are in development and companies explore and develop oil shale assets that were once thought to be unrecoverable.  This means oil shale stocks still have great upside potential, if oil shale wells are discovered, developed, and start producing petroleum and natural gas products.  It also means that many oil shale stock companies are potential takeover targets, as the oil majors look for ways to capitalize on the oil shale boom.

Oil Shale Stock Ideas To Consider

The following are some oil shale stock ideas for publicly traded companies involved in oil shale drilling and production.

 

SM Energy Company (NYSE: SM) – SM Energy is involved in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada.  SM Energy is involved in the extraction of petroleum products in a number of oil shale regions, such as Eagle Ford, Bakken / Three Forks, and Haynesville / Woodford.

 

Kodiak Oil & Gas Corp. (NYSE: KOG) – Kodiak Oil & Gas acquires, explores, develops, and produces oil and natural gas in the United States.  The company is active in the oil shale regions of Williston Basin and the Green River Basin.

 

Carrizo Oil & Gas Inc. (NASDAQ:  CRZO) – Carrizo Oil & Gas is involved in oil shale and natural gas exploration, development, and production in the United States. The company’s primary oil shale holdings are in Eagle Ford Shale, the Niobrara Formation, and Utica Shale.  The company is also involved in natural gas plays development and production in the Marcellus Shale and Barnett Shale formations.

 

Northern Oil and Gas, Inc. (NYSE: NOG) – Northern Oil and Gas acquires, explores, develops, and produces oil and natural gas in the United States.  The company is involved in the oil shale located in Bakken and Three Forks formations.

 

– Midstates Petroleum Company, Inc. (NYSE: MPO) – Midstates Petroleum Company is an exploration and production oil company that operates in the United States. The company operates in several oil shale regions throughout the central United States.

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