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Vol. 11, No. 26 Week of June 25, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


More twists in Arctic gas contest

Oil sands trust sees assets as ‘cheap insurance’ against rising gas prices; Petro-Canada extends offer without sweetening terms; Coutu says Arctic Islands likely need LNG project

By Gary Park

For Petroleum News

The tussle over natural gas assets in Canada’s Arctic Islands won’t hear the final bell for at least another month. In an unexpected development, Canadian Oil Sands Trust (COST) apparently trumped two earlier bids for Canada Southern Petroleum, but Petro-Canada has kept itself in the mix by extendin....

    [additional news subjects in this story]

Higher bid coming?

Development at least 10 years away

Ten cents per thousand cubic feet

First solid link from Alberta to Arctic


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