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Early indications are that they could have struck a major oil deposit.
ECONOMIST: Oil and the seals of Kazakhstan
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It may be too early to call Utica the last big shale-oil deposit, in part because its productivity hasn't been proven, said Pete Stark, with energy consultancy IHS. But the Utica's size, geology and organic content make it "a promising play, " he said.
WSJ: Shale Lifts Prospects in Ohio
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Their specialized techniques, production leases, and lower steam-to-oil production ratio, make CVE well-suited to harvesting the northeast Athabasca oil sands deposit.
FORBES: Go Offshore With Canadian Oil Sands
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As he pumped the stock with press releases like the one claiming Digital Gas had a "high temperature fuel cell" that would unlock as much as 1.1 billion gallons of oil from a neglected oil shale deposit, New Jersey officials say, Smith was using stock to renovate his home and pay his attorney.
FORBES: KissyKat And The Magic Diesel
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The country is thought to be sitting on a huge deposit of oil and gas.
BBC: Bangladesh bids to boost trade with Burma
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Buyers of Iranian oil and gas must deposit payment in a local bank account and it cannot be transferred abroad.
FORBES: Move up http://i.forbesimg.com t Move down
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There accumulated the first of our tale, a deposit of what we now call conventional oil.
FORBES: The Promise And Pitfalls Of Canada's Oil Sands
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There is money to be made in foreign exchange, deposit-taking, and careful corporate lending (to oil exporters, for example).
ECONOMIST: Russian banking
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All they have done is put a deposit down often as not not even that just a promise to buy if the price of oil remains high enough.
FORBES: Finally! Independent Testing Of Rossi's E-Cat Cold Fusion Device: Maybe The World Will Change After All
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In 2005 North Dakota produced a total of about 100, 000 barrels of oil per day, while today the daily output is running at 250, 000 barrels from the Bakken deposit alone.
FORBES: Promised Land's Fracking Fictions: OPEC Goes Hollywood With Crocudrama