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Vol. 8, No. 3 Week of January 19, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


U.S. companies drawn by Canadian oil, gas potential

Survey projects 11.9 percent hike in overall Canadian E&D spending

Gary Park

PNA Canadian Correspondent

Canada will set the pace globally for exploration and development spending this year, fueled by U.S. majors and independents shifting capital to both Canadian and international activities, says investment banker Friedman, Billings, Ramsey & Co. Inc. The study by the Virginia-based firm projects U.S....

    [additional news subjects in this story]

Biggest hike from independents

Exxon, Pioneer, Shell, XTO lead U.S. growth


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