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Vol. 12, No. 27 Week of July 08, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry


Canadians opt for debt

Historic lows for interest rates, highs for commodity prices, plus vast pools of capital in U.S. prompt oil sands operators to issue debt rather than shares

Gary Park

For Petroleum News

For almost a quarter century debt has been out of favor in the Canadian oil patch, tarnished by the collapse of Arctic explorer Dome Petroleum, which buckled under an unmanageable load of C$6.2 billion. But it seems debt is now back in favor, especially in a world of low interest rates, high commodi....

    [additional news subjects in this story]

Western Oil Sands closes five-year credit facility

UTS Energy says it will likely enter debt market

Carmata: labor, materials competition


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