SOURCE: Industrial Info Resources

Industrial Info Resources

October 07, 2013 06:15 ET

Cline Shale: Too Early to Say if It's the Oil Industry's 'Next Big Thing,' an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 7, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Query "Cline Shale" on Google and it won't be long before you find a startling number: 30 billion barrels of potential crude oil. Unfortunately, it's not a real number. It was a hypothetical, best-case scenario floated by an oil company two years ago. That number has been endlessly repeated on the Internet and social media over the last two years, but a more realistic analysis still shows promise.

Other companies featured: Apache Corporation (NYSE:APA), Devon Energy Corporation (NYSE:DVN), Callon Petroleum Corporation (NYSE:CPE), Gulfport Energy Corporation (NASDAQ:GPOR)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

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 "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau