Devonian New Albany shale outcrops in the streambed on the flank of Hicks Dome, an igneous intrusion that is the center of the highest measured thermal maturity in the New Albany in the Illinois basin ...

If you were on the hunt for the next big horizontal oil play in the U.S., where would you be inclined to look? Texas? That makes sense; Texas is the top oil producing state in the country. California?

Strata-X Energy Ltd., Golden, Colo., plans to drill a horizontal well in the Illinois basin to test for oil in an undisclosed dolomitic formation below the Devonian New Albany shale. Strata-X Energy ...