The Resurgence of Interest in the Duvernay: A Review of Pertinent Economic and Environmental Issues
Study Released August 02, 2018
Crude Oil Report - July 2018
A rebound in the price of oil and emerging markets in Asia are breathing life back into hydrocarbon exploration and development in Alberta. Particularly, there is a resurgence of interest in the Duvernay play in westcentral Alberta. BMO labelled the Duvernay the “hottest new play,” as their analysis reveals that more than half of the money – around $250 million – spent on land acquisition in Alberta was directed towards Duvernay in 2017 (Morgan, 2017). Download full report.