Newfoundland basins revving upDespite threats by premier to squeeze a larger share of royalties out of new projects, industry is pushing ahead with exploration Gary Park Petroleum News Canadian Correspondent
A hot summer is in store for two emerging basins in Newfoundland’s offshore, as the operators collect seismic data in advance of exploration wells planned for early 2007.
Regardless of threats by Premier Danny Williams to squeeze a larger share of royalties out of new projects, the industry is pushi....
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