St. Lawrence Lowlands
St. Lawrence Lowlands cover an area of approximately 2,000,000 hectares. Junex holds 407,174 hectares (1,006,145 acres) under exploration licences in this sedimentary basin. The geology of this region offers many conventional and unconventional exploration targets, the most well-known being the Utica Shales. Junex holds 243,027 hectares (600,530 acres) under exploration licences in the Utica Shales and according to Netherland, Sewell and Associates, net recoverable prospective gas resources on Junex’s licences would be of 3.7 Tcf of natural gas. Junex’s licences cover all regions of the Utica Shales basin.
In addition to the Shales of Utica, the St. Lawrence Lowlands offers conventional gas potential in the dolomite sandstone (Trenton / Black River / Chazy), as well as in the dolomite of the Beekmantown Group. Limestone layers of ‘granite wash’ type also show good gas potential.