Rising from Canada’s upstream E&P ashes
2009 drilling heads for 17-year low; regulators see some turnaround in permit applications; CAPP expects modest upturn in spending
For Petroleum News
Amid the wreckage there are a few pieces of hope in Canada’s upstream, mostly pointing to a partial recovery in 2010.
With drilling currently headed for its lowest point in 17 years, regulators have seen a modest turnaround in new well permit applications and the Canadian Association of Petroleum Pr....
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Number of wells down
EnCana top operator
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