Bigstone, Big Comeback
High-Liquid Content Makes Alberta-BC’s Montney Play Lucrative Once More
By G Joel Chury
The Montney Shale Natural Gas Field was a lucrative play back in 2008. Today, with pitiful prices of $2.15 per thousand cubic feet of natural gas (mcf), most of this giant formation that straddles the BC-Alberta border is deserted, with one exception: the Bigstone formation.
Situated primarily on the Alberta side of the Montney field, Bigstone is drawing attention for its high liquid content and has enticed mid-cap players such as Delphi Energy TSX:DEE, Celtic Exploration TSX:CLT and Trilogy Energy TSX:TET, as well as smaller but well-positioned juniors such as Blackbird Energy TSXV:BBI, Donnybrook Energy TSXV:DEI and Pennant Energy TSXV:PEN.
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