Upbeat in the upstreamCanadian land auctions, horizontal drilling, lead the way to C$3.41B in exploration bids, 13,400 new well permits; optimism for 2012 Gary Park For Petroleum News
Canadian governments, pulled along by a soaring producer appetite for oil and liquids prospects, raised C$3.41 billion from land sales in the first nine months of 2011, the third highest return in the last decade.
That rush to secure exploration rights, which fattened provincial coffers by C$3.04 bi....
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