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Seal Songs The Play

New Study Examines the Potential of Coalbed Methane Development in Canada

June 27, 2006 - Calgary, AB - Phasis Consulting (Phasis) is pleased to announce the completion of its study titled: The New Face of Coal: CBM an Emerging Supply Trend prepared by Bettina Pierre-Gilles, chief economist of Phasis. The study provides readers with an economic assessment of the market, price, supply and demand as well as key statistics of CBM (coalbed methane) development in Canada, which while still in its infancy, is growing substantially.

As of December 31, 2005, a cumulative total of approximately 6,500 CBM wells were drilled in Alberta; of those, about 2,500 are actively producing CBM. Almost 90 per cent of those producing wells are located in the dry Horseshoe Canyon and Belly River coals. Another six per cent are producing in the Mannville coals, the most recent commercial CBM play in Canada; and three percent of the wells are in the Scollard (Ardley) coals. Other areas within Alberta, British Columbia and Nova Scotia are also being evaluated for their CBM potential.

The New Face of Coal: CBM an Emerging Supply Trend represents the latest, most comprehensive economic analysis available about CBM development in Canada. The study also assesses the socioeconomic benefits of developing this unconventional resource; and examines the issues that could potentially undermine continued development.

This study is a valuable starting point for companies looking to enter the Canadian CBM market and for investors looking at financing CBM projects in Canada. The price per copy is CAD $6,500.

To view a sample, or to obtain more information on pricing/ordering, please click here.

2006 Conference Board CBM Presentation now available

Phasis is pleased to announce that the presentation made at the 2006 Conference Board of Canada “Commercializing Coalbed Methane” is now available for downloading here.
 

Global CBM Study

Phasis Consulting is pleased to announce its new Multiclient Study, Comparative Analysis of International Coalbed Methane Production, Deliverability, Technologies, Constraints and Infrastructures.

Phasis to Present at 2005 Conference Board of Canada

Phasis Consulting to present at the Conference Board’s Advancing The Business of Coalbed Methane in Canada.

Calgary, November 15, 2004 — Phasis Consulting today announced that Bettina Pierre-Gilles, Chief Economist, will make a presentation to attendees at the Conference Board of Canada’s “Advancing the Business of Coalbed Methane” being held at the Telus Convention Centre, in Calgary, Alberta on Tuesday, March 1, 2005. Approximately 15 companies will be presenting at the conference from March 1-2, 2005, attended by over 100 professionals.

A copy of the presentation can be accessed here.

Phasis Consulting to determine recoverable CBM in Canada

Calgary, November 13, 2004 — Phasis Consulting today announced that it was the successful bidder of Natural Resources Canada’s/Geological Survey of Canada’s (GSC) RFP to conduct an “Analysis of Status, Deliverability, Logistical Constraints and Cost vs Supply of Coalbed Methane Development in Canada.” The purpose of this study is to determine what the ultimate amount of recoverable coalbed methane in Canada is and at what rates (NYMEX gas prices) can this unconventional resource be economically produced. Results of this study will be announced later in the Fall of 2005.