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Vol. 14, No. 31 Week of August 02, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Tough times in oil & gas service sector

Peters & Co. slashes 2009 Western Canada, U.S. 2009 activity forecast; Precision Drilling CEO believes drilling has bottomed out

Gary Park

For Petroleum News

Soft natural gas prices, capital spending cutbacks and relentless demands for reduced labor and materials costs from oil sands operators spell tough times for Canada’s supply and service sector. Calgary investment dealer Peters & Co. has slashed its 2009 activity forecast for Western Canada to 8,500....

    [additional news subjects in this story]

Faint glimmers of hope

Weatherford still cutting


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