Prudence rules Canada’s upstream
Gary Park For Petroleum News
Spending among Canada’s E&P companies in 2012 and the budget plans for service companies are reinforcing the upstream industry’s cautionary outlook.
Of the numbers emerging from about half of the top 100 producers for last year, 27 have added to their original budgets and 26 have made cuts.
Influenc....
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C$580 million decline Cuts in service sector
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