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Vol. 14, No. 9 Week of March 01, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


More gloom for oil, gas drillers

Contractorsí association takes knife to forecasts, lowering Western Canada target by 22%; consultant warns of slump in prices

Gary Park

For Petroleum News

The outlook for oil and gas drillers is so gloomy that the Canadian Association of Oilwell Drilling Contractors has, for the first time in more than 20 years, lowered its forecast in the middle of the winter drilling season. Four months after releasing its 2009 predictions, CAODC has cut its target....

    [additional news subjects in this story]

Drillers being laid off

Gas forecast to drop


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