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Vol. 6, No. 21 Week of December 16, 2001
Providing coverage of Alaska and northern Canada's oil and gas industry


Record drilling not enough to stop decline in gas reserves

Canadian Association of Petroleum Producers reports supplies fell in 2000 for fifth straight year; crude oil and equivalent gains 400 million barrels

Gary Park

PNA Canadian Correspondent

Canada’s record-breaking exploration efforts to build its natural gas supplies are going backwards, with reserves falling in 2000 for the fifth straight year. In its 50th annual reserves report, the Canadian Association of Petroleum Producers reported that despite the unprecedented completion of 8,....

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Industry invested almost C$23 billion

Drilling likely to shift to deeper plays

More than 10,000 gas wells this year


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