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Vol. 10, No. 50 Week of December 11, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry

Cash flow bolsters Canadian cap-ex

Suncor budgets C$2.5 billion for oil sands; Shell Canada investing in sands, gas; Canadian Natural Resources in Primrose

Gary Park

Petroleum News Canadian Contributing Writer

The payoff from a prolonged cash flow bonanza is starting to make its impact on the Canadian oil patch. As capital spending plans start to roll out of Calgary head offices, Suncor Energy has hiked its 2006 budget by 30 percent from 2005 to C$3.5 billion, Shell Canada has pumped in an extra 60 perce....

    [additional news subjects in this story]

Suncor: C$1.8B to expansion

Shell: C$405M to unconventional gas


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