SOURCE: Industrial Info Resources

Industrial Info Resources

October 08, 2013 06:15 ET

California's Monterey Shale Offers Big Rewards, but Bigger Risks, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 8, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Oil producers, and the companies that provide services to them, are well-acquainted with the risk-reward spectrum: projects with potentially small rewards carry small risks, while projects with bigger potential rewards carry bigger risks. That's probably why oil & gas producers aren't charging en masse into California to develop the Monterey Shale.

Other companies featured: Occidental Petroleum Company (NYSE:OXY), Freeport-McMoRan Copper & Gold (NYSE:FCX), National Fuel Gas Company (NYSE:NFG)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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