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Gold/Mining/Energy : Zodiac Exploration V.ZEX

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From: james flannigan10/15/2013 7:25:40 AM
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Oct 29 OXY will report it progress on the Monterey:



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    Who Wins When the Next Great Oil Boom Takes Off? By Tyler Crowe | More Articles | Save For Later
    October 7, 2013 | Comments (0)

    With many oil sale plays in the US under development, we are getting a pretty good sense of what oil shale will mean to oil development in the US. Unless, of course, you start to talk about the Monterey shale in California. This shale play has the potential to be another came changer in the oil boom, and Occidental Petroleum (NYSE: OXY ) may be in the best position to capture value from this region.

    Aside from having the largest acreage by a long shot. Investors in Occidental should care more about the Monterey than other players like Plains Exploration and Berry Petroleum (NYSE: BRY ) because it could mean so much more in terms of delivering value to the bottom line. Since Plains is now one smaller cog in mining giant Freeport McMoRan (NYSE: FCX ) and Berry is still muddled in the Linn Energy (NASDAQ: LINE ) acquisition, it's hard to see anyone other than Occidental being the best bet to play the Monterey shale. Tune into the video below where Fool.com contributors Tyler Crowe and Aimee Duffy further explain the potential of this major shale play and what it will take for players like Occidental to make this shale play profitable.

    America's Energy Revolution
    The Monterey shale is just another example of how shale oil is completely changing the dynamic of US oil production. For investors, though, it can be challenging to decide which companies are built to profit over the long term from this revolution. For this reason, we have put together a comprehensive look at three energy companies set to soar during this transformation in the energy industry. Let us help you discover these three companies that are spreading their wings by checking out our special free report, " 3 Stocks for the American Energy Bonanza." Simply click here and we'll give you free access to this valuable report.
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