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Vol. 9, No. 17 Week of April 25, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Dreaming of a breakthrough

Province’s west coast has history of unfounded rumors, financial troubles; consortium of junior explorers adds to list of setbacks, but ready to try again

Gary Park

Petroleum News Calgary Correspondent

For decades there have been dreams of a big pay-off, but instead the history of western Newfoundland has been one of hopes raised, hopes dashed. Not unlike the often frustrating search for oil in the Grand Banks region off Newfoundland’s east coast, which is now producing more than 300,000 barrels....

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Vulcan moving ahead


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