With the price of oil hovering at $60 per barrel, and gas at $6.30 per cubic meter, Canada's abundant energy sector is booming. Confident producers are drilling at record levels, 23,920 wells in 2004 and an anticipated 25,000 in 2005.
With the price of oil hovering at $60 per barrel, and gas at $6.30 per cubic meter, Canada's abundant energy sector is booming. Confident producers are drilling at record levels, 23,920 wells in 2004 and an anticipated 25,000 in 2005.
Oil and Gas Industry (PDF, 168KB)
Read facts about the oil and gas industry in Canada.
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