22.4 billion BOE recoverable
The National Energy Board of Canada released a resource assessment today, examining the Duvernay Shale of Alberta.

Deposited during the Devonian Period, the Duvernay Shale is located throughout central Alberta, running from Grande Prairie almost to Calgary. Located near, and in some locations directly below the Montney, the Duvernay is part of the larger Western Canadian petroleum system.

Source: National Energy Board

The NEB estimates that the Duvernay’s marketable resources are 76.6 Tcf of gas, 6.3 billi...

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