Western Canadian Sedimentary Basin Stocks List
|2019-09-20||ERF||Calm After Storm||Range Contraction|
|2019-09-20||ERF||Stochastic Reached Overbought||Strength|
|2019-09-20||ERF||180 Bullish Setup||Bullish Swing Setup|
|2019-09-20||ERF||Narrow Range Bar||Range Contraction|
|2019-09-20||GPOR||Non-ADX 1,2,3,4 Bullish||Bullish Swing Setup|
|2019-09-20||GPOR||Crossed Above 50 DMA||Bullish|
The Western Canadian Sedimentary Basin (WCSB) is a vast sedimentary basin underlying 1,400,000 square kilometres (540,000 sq mi) of Western Canada including southwestern Manitoba, southern Saskatchewan, Alberta, northeastern British Columbia and the southwest corner of the Northwest Territories. It consists of a massive wedge of sedimentary rock extending from the Rocky Mountains in the west to the Canadian Shield in the east. This wedge is about 6 kilometres (3.7 mi) thick under the Rocky Mountains, but thins to zero at its eastern margins. The WCSB contains one of the world's largest reserves of petroleum and natural gas and supplies much of the North American market, producing more than 16,000,000,000 cubic feet (450,000,000 m3) per day of gas in 2000. It also has huge reserves of coal. Of the provinces and territories within the WCSB, Alberta has most of the oil and gas reserves and almost all of the oil sands.