_News Talk 770
4/10/2012
Oilpatch officials are bullish about the second-half of this year. It is spring break-up, but Canadian Association of Oilwell Drilling Contractors president Mark Scholz says he expects activity to increase. He says the strong appetite for oil and crude should continue to be strong, but very few companies are drilling for natural gas. The association says about 530 rigs are operating in Western Canada now, roughly the same number as this time last year.
|