Canada: 2005 a very good yearBut Canada’s conventional spending, drilling in trouble in 2006 and 2007; industry says return to 2005 levels needs strong commodity prices, responsive regulatory environment; CAPP’s oil sands numbers to projects in development or developed Gary Park For Petroleum News
A benchmark drilling year contributed to some healthy gains in Canada’s oil and gas reserves in 2005, but the jury is out on what to expect this year and next.
In its latest annual update of the numbers, the Canadian Association of Petroleum Producers reports that new established crude oil and natur....
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Natural gas drilling drops from ’05 record Capital spending expected to shrink CAPP numbers short of Alberta energy board
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