Alberta becoming less conventionalProvince 2005-06 budget predicts drop in gas and oil production, increase in oil sands and heavy oil production Gary Park Petroleum News Calgary Correspondent
Alberta is not about to be deposed as Canada’s energy stronghold, but the next three years will see a sharp decline in conventional oil and natural gas production and an equally strong reminder of a growing dependence on the oil sands.
The province’s 2005-06 budget predicts gas output will slide fro....
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Budget based on ‘prudent’ prices
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