Takeovers shrink international production by Canadian companiesForeign ventures equivalent to 14 percent of domestic output; Talisman, EnCana leaders say global reach is necessary to reduce dependence on Western Canada Gary Park PNA Canadian Correspondent
Four decades of almost unbroken growth went into reverse in 2001 as Canadian-owned E&P companies shrank their international ventures. In his ninth annual report, Calgary analyst Ian Doig, publisher of Doig’s Digest, reported a 19.2 percent drop in natural gas production and a 1.6 percent decrease in....
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Downturn caused by takeovers Talisman said to be posed for growth Service and supply abroad
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