Massive hydraulic fracturing has been widely used in
Alberta since the late 1970s. The method is currently used in development of the Cardium,
Duvernay,
Montney and
Viking formations in
Alberta,
Bakken formation in
Saskatchewan,
Montney and
Horn River formations in
British Columbia.
Public companies The year 2009 saw consolidation, with land sales, corporate transactions, and public companies with Cardium assets acquired by those intending to apply newer recovery-techniques to improve field economics. Oil-and-gas companies participating in this activity include: •
PetroBakken (, through its acquisitions of Berens Energy, Result Energy and Rondo Petroleum) • Daylight Resources Trust (, through its acquisition of Highpine Energy and merger with
West Energy, ) •
PennWest (, with a large land base) •
Paramount Resources ( through its acquisition of Profound Energy) • Bonterra Energy •
Crescent Point Energy (, through its acquisition of TriAxon Resources) and the smaller Bellatrix (), Delphi Energy (), Peyto Energy Trust (). Dozens of other companies have land leases in the Cardium
fairway, but have not employed horizontal drilling in the Cardium. Exxon Mobil recently started testing the Cardium Formation. ==References==