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Vol. 7, No. 28 Week of July 14, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Canada’s petroleum compass swings from East Coast to Arctic

Industry executives think north offers greatest potential for significant new crude oil and gas discoveries; 78 percent to raise exploration budgets

Gary Park

PNA Canadian Correspondant

The message from 69 of Canada’s oil and gas brass is decisive: Go North. For the past several years, the same chief executive officers were bursting with optimism about the East Coast offshore, but by a substantial margin they now think the Far North offers the greatest potential for new discoveries....

    [additional news subjects in this story]

Northern Canada 64 percent favorite

Gas prices expected to strengthen

East Coast hasn’t changed


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