tight gas

tight gas
 n.โ€” ยซShell has agreed to pay almost C$6bn ( ยฃ3bn) for a small Canadian gas company heavily involved in the production of difficult-to- exploit gas reserves. The price for Calgary-based Duvernay Oil, founded just seven years ago, surprised the market but Shell is anxious to build up assets of what the industry calls โ€œtight gasโ€ in western Canada, reports the Telegraph.ยป โ€”โ€œTuesday newspaper round-up: Alliance & Leicester, Kazakhmys, Shell” City A.M. (London, United Kingdom) July 15, 2008. (source: Double-Tongued Dictionary)

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