Flurry of well permits prompt forecasters to hike Canada’s drilling targets

Gary Park, PNA Canadian correspondent

Pulled by rapidly shrinking storage levels and pushed by a torrent of cash flow, Canada’s E&P companies are drilling up a storm across Canada. Some of the highest rig counts on record and a flurry of new well permits have prompted forecasters to revise their expectations of a second-quarter downtur....

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EnCana leads new permits