Sable gas field hard hit by reserve downgradesProjections wipe 10 years off field life, hope rests in discoveries, Deep Panuke JV Gary Park Petroleum News Calgary Correspondent
Nova Scotia’s lone producing gas field has been rocked by a third downsizing of reserves that has slashed the operating life of the C$3 billion project in half to just 10 years and added to the dismal recent record of Canada’s East Coast.
With estimated sales gas reserves now at 1.35 trillion cubic....
[additional news subjects in this story]
New discoveries, JV deal could extend operating life Investors spooked Government calls for stepped up drilling
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 