Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (33880)	7/29/2004 11:53:49 AM
From: Tomas	Read Replies (1) \| Respond to of 206106

Group predicts record drilling in Canada The Globe & Mail, Thursday, July 29 Oil and gas companies could drill a record number of wells in Canada this year, surpassing the high set in 2003, driven by surging commodity prices and pent-up demand after a rainy spring, an industry group predicted yesterday. As oil prices rocketed to their highest level in two decades, the Petroleum Services Association of Canada forecast a total of 22,255 wells would be drilled in the country, up 450 wells from last year and up 595 from the group's last projection in April. The association, which represents oil field service providers and suppliers, said 10,261 wells were drilled in the first half, or about 46 per cent of the total projection for the year. The projected count includes 15,732 natural gas wells, 5,030 oil wells and 1,493 dry or service wells. theglobeandmail.com