Development displaces explorationUpstream study: Oil and gas companies are putting focus on higher-risk regions to build reserves; more mergers on horizon Gary Park Petroleum News Calgary Correspondent
Bulging cash flows pose tough challenges for public oil and natural gas companies as they grapple with higher costs, heightened shareholder expectations and the need to build reserve bases to meet rising global demands, says a report by energy research firm John S. Herold and upstream corporate advi....
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