Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (27976)	2/13/2003 1:19:04 PM
From: cliffp	Read Replies (1) of 36161

Frank, I enjoy and find the information you post very educational. But I do have a question on the "Weekly Oil & Gas Statistics". Canadian rig activity continues in a normal cycle of rig utilization but the US rig cycle was interrupted and the cycle stopped abruptly last May. If it were something affecting the industry I would expect to see it reflected in Canadian rig activity but Canadian activity is at its highest level now. I would appreciate any information you can shed on this divergence between US and Canadian activity. TIA

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