Companies ready to flee Canada
Service companies start moving workers, equipment overseas amid doubts that natural gas slump will be short-lived
For Petroleum News
Faced with a 20 percent bite out of their bottom lines, Canada’s oil and gas service companies could soon face a round of consolidation, or look elsewhere for opportunities, an investment forum in Calgary was told June 21.
Sideswiped by the slump in natural gas drilling activity in Western Canada, t....
[additional news subjects in this story]
Canadian Natural sees productivity gains
Drilling activity slowest since 1998
Drilling downturn has reduced costs
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