Interest in the country’s vast and developing unconventional plays is attracting new investment opportunities despite low gas prices as operators have begun to derisk light, tight oil plays. Liquids drilling, which has proven to be economical for drillers while also limiting production out of dry gas plays, has helped to curtail the storage buildup in natural gas and has provided the industry with an end in sight to the North American gas glut.

Nexen Inc., from its presentation at Hart Energy’s DUG Canada 2012 conference. ...