Royale Energy, Inc. ROYL
reports that, for the first time, the U.S. Geological Survey (USGS) has
estimated the potential of undiscovered onshore shale oil and gas reserve
resources in Alaska's North Slope. The estimate ranges up to 2 billion barrels
of oil and up to 80 trillion cubic feet of natural gas.
Shale oil and shale gas formations in the lower 48 states were used as
geologic and engineering analogs in the assessment.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: CommoditiesMarkets
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in