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Vol. 11, No. 34 Week of August 20, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


VECO, ASRC Energy mobilizing for work

As contractors hustle to get sleeves in place on existing pipe, plan replacement, producers could take $1 billion earnings hit

By Steve Quinn

AP Business Writer

Pete Leathard, the CEO for energy services firm VECO, thought his round of golf was going bad — but it got worse when his cell phone rang Aug. 6 as he approached the 15th hole. The caller told him the Alaska North Slope’s Prudhoe Bay, the nation’s largest oil field, would be shutting down because o....

    [additional news subjects in this story]

Little room for error

Analyst: earnings loss could hit $1 billion


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