During the first 22 years, we explored for and developed conventional oil and gas resources in Oklahoma, New Mexico and West Texas. In 1991 we began our operation in northern Michigan to develop Antrim shale gas reserves. As a strong player in the Michigan basin, we ll continue to seek acquisitions and expansion of our reserves in that area. Additionally, we are involved in a number of exciting exploration projects, including a joint venture to develop a Canadian coal bed methane on over 1 million acres, with PanCanadian Petroleum Limited, one of the largest producers in Canada. Our growth strategy includes expansion into several other basins, including the coal bed methane play in the western Canadian province of Alberta, similar plays in Montana, and two other basins for possible expansion.
Unconventional resources are natural gas produced from shales, coal beds and tight gas sands.
As far as social issues, we have developed a Green Strategy working with government agencies and environmental groups to be environmentally proactive in our drilling activities. This has earned Quicksilver a reputation for being a friend of the environment. The second reason to buy Quicksilver stock is that we have upside for tomorrow, and that s going to come from the large joint venture we have in Canada, our Montana activity, the Illinois basin, and other basins that we are currently pursuing. We see tremendous upside in those areas, which could dwarf what the company is doing today. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.