Industry revival on Canada’s horizon
Firming of commodity prices points to resumption of oil sands growth; natural gas expected to remain weak; consolidation predicted
For Petroleum News
One of the strongest oil patch forecasts for 2010 has come from a leading Canadian law firm, which is counting on an industry revival as commodity prices strengthen, opening up the investment taps in the oil sands and playing a major role in 3.5 percent growth in the Canadian economy.
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Ziff: Operating costs mixed
Rig activity down 42%
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