Chesapeake and Total to work on Canadian shale gas plays

From the Chronicle Herald:

Chesapeake said it would explore other potential joint venture opportunities, including working with Total on Canadian shale gas plays in which the French company has shown interest.

When asked by an analyst on a conference call which Canadian regions may be looked at, McClendon said: "The usual suspects is where we would tend to be focused."

Most of Canada’s shale gas activity has been focused on northeastern British Columbia’s Horn River Basin and Montney regions, though exploration is going on in Quebec as well

This is another example of a major oil company entering the unconventional natural gas field. When Chesapeake's CEO McClendon referred to the "usual suspects", the Montney shale play was likely one of the Canadian regions they would focus on. Deals like this continue to bring attention to the Montney and companies like Canadian Spirit Resouces Inc.