Alberta firm eyes Ontario’s untapped shale gas

Alberta firm eyes Ontario’s untapped shale gas by Tyler Hamilton, March 20, 2010, Toronto Star
Calgary-based Mooncor Oil & Gas Corp. wants to develop a resource in Ontario that has been largely overlooked by its rivals: shale gas. … It has already locked up nearly 23,000 acres (9.30776 hecatres) of land in Lambton and Kent counties and is preparing to spin off a separate company called DRGN Resources that will focus its efforts on both conventional and unconventional gas drilling. … What about Ontario’s own shale resources? “The question obviously comes up,” said Terry Carter, petroleum resources geologist with Ontario’s Ministry of Natural Resources. … Carter said the Marcellus zone doesn’t offer much in Ontario. “Almost all of it is beneath Lake Erie,” he said. “Kettle Point and Blue Mountain would appear to have better potential.” Both have what Carter described as biogenic gas, created when bacteria in fresh water come in contact with organic-rich bedrock. The bacteria eat the organic material and produce methane. “The natural gas is being produced in real time, just like in a landfill site,”

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