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The next big oil discovery: Eagle Mountain



Eagle Mountain is an enormous oilfield in southeastern Alberta, a region of Alberta with a population of 1.5 million that sits between the Yukon and the Northwest Territories.

It is also home to one of Canada’s largest oil-sands facilities, a massive complex in Fort McMurray that is being used to refine the world’s largest barrel of oil in the province.

Eagle Mountain has been at the center of an oil-price standoff between Canada and the U.S. Eagle is the largest oil field in the world, and has a potential to be worth as much as $1 trillion if it is fully developed, according to analysts at Capital Economics.

The Eagle project has been in limbo for nearly two years, with the U,S.

and Canadian governments trying to resolve the situation through negotiations.

The negotiations broke down in January, with both sides claiming that Canada would only sign an agreement if it was part of a wider deal.

But in a new report from CERAWeek, analyst Jim Leggett has found that the standoff has been a major factor in the Eagle Mountain oil-for-gold speculation.

“It is also the most-traded Canadian oil and gas company, according a Bloomberg analysis.””

As of the end of March, Eagle Mountain accounted for 16.2% of the UW Group’s U.K. and European volumes,” Leggitt wrote.

“It is also the most-traded Canadian oil and gas company, according a Bloomberg analysis.”

The company estimates that, under a new U.N.-brokered deal, Eagle would have a global production capacity of 10.4 million barrels per day (bpd), up from the current 10.1 million bpd, and an output of $9 billion.

“Eagle Mountain’s production would provide the U of W Group with a significant return on its investment in the project,” Leigett continued.

“A higher output would allow it to fund additional infrastructure investment that would increase production from the Eagle site, as well as help drive down prices for Canadian oil in other markets.”

Leggett says the U-W Group would be well-served by a more active pipeline strategy, which would help it achieve higher production from Eagle Mountain.

“While there are no specific U.s. or Canada pipelines to the Eagle field, U. of W and CERA Group are currently working on a plan to deliver pipeline capacity to the area,” he said.

“We estimate that, given current pipeline volumes, the pipeline capacity could deliver $9.5 billion in annual production to the UWS Group.”

The UWS group includes the UAW and UAW-CIO, as the two biggest unionized companies in Canada, but the majority of the work in the oilfield is done by private-sector companies.

The UAW, meanwhile, is the country’s largest employer and largest union.

Leggitt argues that a deal could have the UBS Group’s investment in Eagle Mountain in jeopardy, given that it has an interest in selling the Eagle project to other producers in Canada.

“UBS has a significant interest in the operation of the Eagle Project and has been involved in several rounds of negotiations with the United States government, which have not been successful,” Lebergett wrote.”UBS is in a position to influence the UWMG to sign an investment agreement with the Company and the investment agreement would require a commitment from the UWB Group to invest $1 billion in the new project.”

While the UMW Group is currently on the receiving end of the standoff, it is not the only one.

“In addition to the UnitedW group and the CERA group, there are numerous other Canadian oil companies that are engaged in exploratory drilling in Eagle’s area,” Leffgitt wrote, “including Total, Total SA, Suncor, Royal Dutch Shell and Cenovus.”

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