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Vol. 11, No. 32 Week of August 06, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Newfoundland gamble on grand scale

Chevron-partnership ready to spud C$140 million exploratory well in Orphan basin in mid-August; downplays chances of success

By Gary Park

For Petroleum News

Newfoundland’s storm-tossed seas, which produce some sickening lurches at times for offshore operators, are entering what could be their most exciting phase. In a 40-year history replete with stories of success, setback and suspended hope there has been nothing to stack up against the C$140 million....

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Drilling by Eirik Raude


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