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7 comments on The Round-Up: June 19th 2007

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andrews416 on June 19, 2007 - 9:03am Permalink | Subthread | Comments top

EnCana cuts gas output projections

While it's widely recognized that Canada's natural gas production has already peaked as the Western Canadian sedimentary basin has matured, the drilling slowdown - with this year's rates being the lowest since 2002 - looks set to hasten the country's production decline. One consequence could be significantly higher North American gas prices toward the end of 2007 and in early 2008, said Talisman Energy Inc. CEO Jim Buckee.

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Stoneleigh on June 19, 2007 - 9:23am Permalink | Subthread | Parent | Comments top

Thanks for the contributions - much appreciated.

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