Upstream heads downhillWestern Canada reeling as drilling, well permits, land sales crumble in the face of tight financial markets, cratering gas prices Gary Park For Petroleum News
Even with land at basement-price levels, the major operators are turning their backs on government auctions in Western Canada, with returns for the three leading provinces totaling C$73.36 million for the first two months compared with C$393.42 million last year.
It’s small comfort to Alberta, which....
[additional news subjects in this story]
Based on $50 WTI Land sales down Gas outlook dismal Gas operating costs up
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