CALGARY: Petronas’ decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada’s largest shale play, eliminating a potentially huge source of future gas demand.

Alberta’s proven natural gas reserves have increased nearly sixfold to 130 ... a couple of thousand kilometres north in the vast Alberta oilsands and Canada’s prolific Montney shale play, Verney said.

Q&A with Mike Verney, executive vice-president, McDaniel & Associates By Deborah Jaremko New analysis commissioned by the ...

the shale reserves are deep underground, at between 3,000 meters (9,842 ft) and 4,650 meters (15,256 ft) below surface. Despite the presence of large shale oil and shale gas reserves, extraction ...